Johnson Controls International plc Ordinary Share (JCI) Company Bio
Johnson Controls operates as a diversified technology and industrial company worldwide. Its Building Efficiency segment designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, as well as building management systems, controls, and security and mechanical equipment. The companys Automotive Experience segment designs and manufactures interior products and systems for passenger cars and light trucks, including vans, pick-up trucks, and sport/crossover utility vehicles serving original equipment manufacturers. The company was founded in 1885 and is based in Milwaukee, Wisconsin.
JCI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for JCI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Johnson Controls International plc ranked in the 20th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Johnson Controls International plc ended up being:
The company's compound free cash flow growth rate over the past 5.7 years comes in at -0.01%; that's greater than just 23.46% of US stocks we're applying DCF forecasting to.
The company has produced more trailing twelve month cash flow than 87.51% of its sector Industrials.
Johnson Controls International plc's effective tax rate, as measured by taxes paid relative to net income, is at 679 -- greater than 99.41% of US stocks with positive free cash flow.
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 JCI, try OBCI, PNR, TRS, ADSW, and CNI.
The board of directors of Johnson Controls International plc, (NYSE: JCI), has approved a regular quarterly cash dividend of $0.26 per common share payable on Oct. 16, 2020 to shareholders of record at the close of business on Sept. 28, 2020. Johnson Controls has paid a consecutive dividend since 1887.
Moody's Investors Service ("Moody's") assigned Baa2 ratings to Johnson Controls International plc's ("Johnson Controls") new Euro-denominated senior unsecured notes due 2027 and 2032. The issuances do not impact other ratings of Johnson Controls, including the existing Baa2 senior unsecured and P-2 short-term ratings. Johnson Controls' Baa2 senior unsecured debt ratings reflect the company's significant scale with a diverse customer base and end markets in HVAC, fire and security products.
Today, Johnson Controls (NYSE: JCI), the global leader for smart and sustainable buildings, announced the pricing of its first Green Bond offering of $625 million in ten-year notes. The net proceeds will support projects that focus on sustainability and support the Company's 2025 Sustainability goals.