Manitex International, Inc. - common stock (MNTX) Company Bio
Manitex International, Inc. provides engineered lifting and loading products worldwide. The company operates through Lifting Equipment, ASV, and Equipment Distribution segments. The company was founded in 1993 and is based in Bridgeview, Illinois.
MNTX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MNTX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Manitex International Inc ranked in the 34th 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 Manitex International Inc ended up being:
The company has produced more trailing twelve month cash flow than merely 10.35% of its sector Industrials.
Manitex International Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Manitex International Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -3.75. This coverage rate is greater than that of just 13.56% 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
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MNTX, try REVG, ROP, SAIA, WTS, and ZNH.
Manitex International (MNTX) +17.1% PM, is awarded a contract by Netherlands-based Collè Rental & Sales for Valla electric cranes, valued at ~$2.5M.Initial order is for 30 cranes to join Collè's feet in 2H20, includes company's electric, zero-emissions models.An option to purchase additional ~$1.9M of new Valla cranes in 2021.Collè has a fleet...