Kennedy-Wilson Holdings invests in real estate related investments, including commercial, multifamily, loan purchases and originations, residential, and hotels. The company offers a comprehensive array of real estate services including investment management, property services, auction, conventional sales, brokerage and research. The company was founded in 1977 and is based in Beverly Hills, California.
KW Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Kennedy-Wilson Holdings Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Kennedy-Wilson Holdings Inc ranked in the 25th 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 Kennedy-Wilson Holdings Inc ended up being:
Its compound free cash flow growth rate, as measured over the past 1.52 years, is -0.22% -- higher than merely 8.31% of stocks in our DCF forecasting set.
30% of the company's capital comes from equity, which is greater than just 14.47% of stocks in our cash flow based forecasting set.
As a business, Kennedy-Wilson Holdings Inc experienced a tax rate of about 8% over the past twelve months; relative to its sector (Real Estate), this tax rate is higher than 85.6% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as KW, try CXP, OBAS, UNIT, PCH, and MLP.
Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that its wholly owned subsidiary Kennedy-Wilson, Inc. has extended its existing $500 million unsecured corporate revolving credit facility with a global group of nine banks. The credit facility has a maturity date of March 25, 2024, which may be extended two times, in six-month increments. The facility currently has no outstanding balance.