Icahn Enterprises L.P. - Depositary units (IEP) Company Bio
Icahn Enterprises operates in investment, automotive, energy, metals, railcar, gaming, food packaging, real estate, and home fashion businesses in the United States, Germany, and Internationally. Its Investment segment operates various private investment funds. The company was founded in 1987 and is based in New York, New York.
IEP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for IEP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Icahn Enterprises Lp ranked in the 40th 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. The most interesting components of our discounted cash flow analysis for Icahn Enterprises Lp ended up being:
The company has produced more trailing twelve month cash flow than 83.2% of its sector Industrials.
Icahn Enterprises Lp's weighted average cost of capital (WACC) is 13%; for context, that number is higher than 85.97% of tickers in our DCF set.
Icahn Enterprises Lp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.01. This coverage rate is greater than that of merely 17.68% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as IEP, try ALLE, INFO, RXN, MRCY, and CAE.
Billionaire investor Carl Icahn pulled in a $1.3B gain during H1 2020 from his wager against brick-and-mortar retailers, specifically through a short position on commercial mortgage-backed securities, Icahn Enterprises (IEP) said in its 10-Q filing yesterday.The return from shorting CMBS was partly offset by negative performance of broad market hedges,...
PHILADELPHIA--(BUSINESS WIRE)--Icahn Automotive, an Icahn Enterprises L.P. company, which owns and operates leading repair and maintenance providers Pep Boys, AAMCO and Precision Tune Auto Care, today announced the 15 recipients of its $2500 “Find Your Drive” scholarships. The second annual scholarship program is part of Icahn Automotive’s “Race to 2026” initiative that aims to increase the number of trained automotive technicians across the U.S. and help fill an industry-wide talent gap projec
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Icahn Enterprises L.P. New York, June 19, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Icahn Enterprises L.P. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.