Great Lakes Dredge & Dock Corporation (GLDD) Company Bio
Great Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally. It operates in two segments, Dredging and Environmental & Remediation. The company was founded in 1890 and is based in Oak Brook, Illinois.
GLDD Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Great Lakes Dredge & Dock CORP. To summarize, we found that Great Lakes Dredge & Dock CORP ranked in the 87th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 1427.5%. As for the metrics that stood out in our discounted cash flow analysis of Great Lakes Dredge & Dock CORP, consider:
Its compound free cash flow growth rate, as measured over the past 5.56 years, is 0.38% -- higher than 79.29% of stocks in our DCF forecasting set.
Great Lakes Dredge & Dock CORP's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 23.53% of tickers in our DCF set.
Relative to other stocks in its sector (Industrials), Great Lakes Dredge & Dock CORP has a reliance on debt greater than 63.89% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
WTTR, SGRP, ARC, KNOP, and DLHC can be thought of as valuation peers to GLDD, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.