Marcus & Millichap provides investment brokerage and financing services to sellers and buyers of various types and sizes of commercial real estate assets in the United States and Canada. The company was founded in 1971 and is based in Calabasas, California.
MMI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MMI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Marcus & Millichap Inc ranked in the 0th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 100%. As for the metrics that stood out in our discounted cash flow analysis of Marcus & Millichap Inc, consider:
The company's compound free cash flow growth rate over the past 5.75 years comes in at -0.46%; that's greater than only 2.12% of US stocks we're applying DCF forecasting to.
As a business, MMI is generating more cash flow than only 1.62% of positive cash flow stocks in the Real Estate.
The business' balance sheet reveals debt to be 7% of the company's capital (with equity being the remaining amount). Approximately only 17.33% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MMI, try AMH, BFS, BRT, COLD, and CWK.
It is now my pleasure to introduce your host, Evelyn Infurna with ICR. With us today are president and chief executive officer, Hessam Nadji; and chief financial officer, Marty Louie. Before I turn the call over to management, please remember that our prepared remarks and the responses to questions may contain forward-looking statements.