The Macerich Company engages in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. The company was founded in 1964 and is based in Santa Monica, California.
MAC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Macerich Co. To summarize, we found that Macerich Co ranked in the 37th 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 Macerich Co ended up being:
16% of the company's capital comes from equity, which is greater than only 6.24% of stocks in our cash flow based forecasting set.
Macerich Co's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 24.42% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Real Estate), Macerich Co has a reliance on debt greater than 87.92% of them.
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 Macerich Co? See EQR, RHP, RLGY, WPG, and IRT.
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