Cedar Fair LP owns and operates amusement and water parks, and hotels in the United States and Canada. The company was founded in 1983 and is based in Sandusky, Ohio.
FUN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Cedar Fair L P with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Cedar Fair L P ranked in the 5th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for FUN, they are:
Its compound free cash flow growth rate, as measured over the past 5.5 years, is -0.32% -- higher than only 5.29% of stocks in our DCF forecasting set.
The company has produced more trailing twelve month cash flow than merely 22.36% of its sector Consumer Cyclical.
41% of the company's capital comes from equity, which is greater than merely 22.8% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ADNT, APEX, CULP, MAT, and RRR can be thought of as valuation peers to FUN, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
What happened Cedar Fair (NYSE: FUN) shareholders lost ground to the market last month as their stock fell 14% compared to a 1.8% boost in the S&P 500, according to data provided by S&P Global Market Intelligence.
I've owned Cedar Fair, L.P. (FUN) since 2007, so it's no secret that in all these years there were several times I obviously should have sold everything, and other times I should have added. My timing was never perfect, although there were occasions when I did reduce my holdings because...
Crunching Numbers on Seeking Alpha | June 30, 2020