Turtle Beach Corporation operates as an audio technology company. It provides various gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, and mobile and tablet devices under the Turtle Beach brand. The company was founded in 1975 and is based in San Diego, California.
HEAR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Turtle Beach Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Turtle Beach Corp ranked in the 90th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Turtle Beach Corp ended up being:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 100. Its equity weight surpasses that of 96.51% of free cash flow generating stocks in the Technology sector.
The business' balance sheet suggests that 0% of the company's capital is sourced from debt; this is greater than merely 0.05% of the free cash flow producing stocks we're observing.
HEAR's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 59.89% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as HEAR, try WIT, ZNGA, INSE, LOV, and TME.
Turtle Beach ([[HEAR]] +4.1%) acquires Neat Microphones, which creates, manufactures, and sells high-quality digital USB and analog microphones that embrace cutting-edge technology and design.The acquisition accelerates Turtle Beach growth by adding Neat's accomplished leadership team & innovative product line focusing on thriving $2.3B global microphone market."The total addressable market for...
Gaming peripheral company Turtle Beach announced that it’s acquiring Neat Microphones. It’s adding Neat to its portfolio of companies alongside Roccat, and it will serve as its first non-gaming acquisition.