Lydall Inc. designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers worldwide. It operates through four segments, Performance Materials, Industrial Filtration, Thermal/Acoustical Metals, and Thermal/Acoustical Fibers. The company was founded in 1879 and is based in Manchester, Connecticut.
LDL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for LDL, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Lydall Inc ranked in the 51th 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 Lydall Inc ended up being:
Lydall Inc's weighted average cost of capital (WACC) is 13%; for context, that number is higher than 86.37% of tickers in our DCF set.
Lydall Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -8.25. This coverage rate is greater than that of merely 9.33% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Lydall Inc experienced a tax rate of about 2% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than only 19.84% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
PH, RXN, MRCY, EME, and LAWS can be thought of as valuation peers to LDL, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Looking to boost domestic output of face masks amid the COVID-19 pandemic, the U.S. Department of Defense has signed a $13.5M contract with Lydall (LDL).The deal will support the company's investment in two new meltblown production lines - including one that had been announced on June 2 - in its...
Lydall, Inc. (LDL), a leading U.S. manufacturer of value-added engineered materials and specialty filtration solutions that create a cleaner, safer and quieter world, today announced the signing of a $13.5 million contract award with the United States Department of Defense (DOD). The contract will support Lydall’s investment in two new meltblown production lines – including one that had been announced on June 2 – in its Rochester, New Hampshire facility.