Macquarie Infrastructure Corporation (MIC) Company Bio
Macquarie Infrastructure Company operates and invests in a diversified group of infrastructure businesses providing basic services to customers in the United States. Its businesses consist of a bulk liquid terminals business, International-Matex Tank Terminals, an airport services business, Atlantic Aviation, a gas processing and distribution business, Hawaii Gas, and several entities comprising a Contracted Power and Energy segment. The company was founded in 2004 and is based in New York, New York.
MIC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MIC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Macquarie Infrastructure Corp ranked in the 52th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 51% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for MIC, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 42. Notably, its equity weight is greater than merely 24% of US equities in the Industrials sector yielding a positive free cash flow.
The company's compound free cash flow growth rate over the past 5.83 years comes in at 0.17%; that's greater than 62.04% of US stocks we're applying DCF forecasting to.
The business' balance sheet suggests that 58% of the company's capital is sourced from debt; this is greater than 73.2% of the free cash flow producing stocks we're observing.
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 Macquarie Infrastructure Corp? See ALG, TT, FCN, BMI, and ETN.