Marsh & McLennan Companies, Inc. (MMC) Company Bio
Marsh & McLennan Companies provides advice and solutions primarily in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services; and Consulting. The company was founded in 1871 and is based in New York, New York.
MMC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MMC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Marsh & Mclennan Companies Inc ranked in the 28th 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 Marsh & Mclennan Companies Inc ended up being:
Marsh & Mclennan Companies Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 18.59% of tickers in our DCF set.
As a business, Marsh & Mclennan Companies Inc experienced a tax rate of about 18% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than 74.23% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MMC, try NHLD, LNC, OCSI, TPRE, and WTRE.
NEW YORK--(BUSINESS WIRE)--Marsh & McLennan Companies, Inc. (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, plans to announce third quarter financial results via news release on Thursday, October 29, 2020, before the market opens. The news release will also be available on mmc.com. Following the news release, President and CEO Dan Glaser and CFO Mark McGivney will lead a teleconference with investors at 8:30 a.m. EDT. The discussion wil
The pending acquisition by insurance broker Aon of rival Willis Towers Watson is “not good for the market or for clients but is good for Marsh,” commented Daniel Glaser, president and chief executive officer of Marsh & McLennan Companies (MMC) …