Masco Corporation manufactures, distributes, and installs home improvement and building products worldwide. The Company's segments include Cabinets and Related Products, Plumbing Products, Installation and Other Services, Decorative Architectural Products and Other Specialty Products. The company was founded in 1929 and is based in Taylor, Michigan.
MAS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MAS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Masco Corp ranked in the 25th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Masco Corp, consider:
In the past 5.76 years, Masco Corp has a compound free cash flow growth rate of -0.02%; that's higher than only 24.3% of free cash flow generating stocks in the Basic Materials sector.
MAS's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 26.68% of tickers in our DCF set.
Masco Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 11.18. This coverage rate is greater than that of 77.86% 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
ECL, URG, AWI, CCCL, and ACH can be thought of as valuation peers to MAS, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) today announced that Chief Financial Officer John Sznewajs will present at J.P. Morgan’s 13th Annual Homebuilding and Building Products Conference on May 19 at 9:45 a.m. ET. Masco Corporation’s presentation will be webcast live under the Investor Relations section of the Company’s website at www.masco.com. A replay of the webcast will be available via Masco’s website through June 19, 2020. Headquartered in Livonia, Michigan, Masco C
LIVONIA, Mich.--(BUSINESS WIRE)--As part of its ongoing effort to create strong communities, Masco Corporation is redirecting its community outreach budget for 2020 to provide $1 million in support to nonprofit organizations meeting the urgent needs of those impacted by COVID-19. This funding, provided to nonprofits in the U.S. and Canada near its business units and headquarters, will support both short- and long-term relief efforts including food, shelter, health and human services, and financ
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its first quarter results. “We delivered strong top and bottom-line growth and expanded margins in the quarter while managing through the initial challenges we faced in addressing the COVID-19 pandemic,” said Masco President and CEO, Keith Allman. “I am extremely proud of how our people have responded and adapted to this rapidly cha