Vail Resorts operates mountain resorts and urban ski areas in the United States. The company operates in three segments: Mountain, Lodging, and Real Estate. The company was founded in 1997 and is based in Broomfield, Colorado.
MTN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MTN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Vail Resorts Inc ranked in the 15th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Vail Resorts Inc ended up being:
Its compound free cash flow growth rate, as measured over the past 5.54 years, is -0.02% -- higher than only 22.96% of stocks in our DCF forecasting set.
78% of the company's capital comes from equity, which is greater than 57.37% of stocks in our cash flow based forecasting set.
As a business, Vail Resorts Inc experienced a tax rate of about 3% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than only 22.61% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MTN, try GOLF, M, MCD, QUOT, and MCFT.
Vail Resorts, Inc. (MTN) Q4 2020 Earnings Conference Call September 24, 2020, 05:00 PM ET Company Participants Rob Katz - Chairman and CEO Michael Barkin - CFO Conference Call Participants Felicia Hendrix - Barclays Shaun Kelley - Bank of America Chris Woronka - Deutsche Bank David Katz - Jefferies Patrick...
SA Transcripts on Seeking Alpha | September 25, 2020
Vail Resorts (MTN): FQ4 GAAP EPS of -$3.82 misses by $0.45.Revenue of $77.21M (-68.4% Y/Y) misses by $61.06M."Results for FQ4 continued to be negatively impacted by COVID-19, with the majority of our North American summer and Australia ski season operations not opening until late June and early July," CEO Rob Katz commented.Shares...