Kirby Corporation transports petrochemicals, black oil, refined petroleum products and agricultural chemicals by tank barge. The company was founded in 1921 and is based in Houston, Texas.
KEX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Kirby Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Kirby Corp ranked in the 86th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 764.5% on a DCF basis. The most interesting components of our discounted cash flow analysis for Kirby Corp ended up being:
In the past 5.26 years, Kirby Corp has a compound free cash flow growth rate of 0.89%; that's higher than 91.04% of free cash flow generating stocks in the Industrials sector.
Kirby Corp's effective tax rate, as measured by taxes paid relative to net income, is at 34 -- greater than 91.56% of US stocks with positive free cash flow.
Kirby Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -5.87. This coverage rate is greater than that of just 11.42% 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
Want more companies with a valuation profile/forecast similar to that of Kirby Corp? See NWPX, CYD, FLY, PGAS, and ARC.
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Equities research analysts forecast that Kirby Co. (NYSE:KEX) will report $0.25 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Kirby’s earnings. The highest EPS estimate is $0.26 and the lowest is $0.23. Kirby posted earnings per share of $0.58 during the same quarter […]