Navistar International Corporation (NAV) Company Bio
Navistar International is a holding company whose subsidiaries and affiliates produce International brand commercial and military trucks, proprietary diesel engines, and IC Bus brand school and commercial buses. The company was founded in 1902 and is based in Lisle, Illinois.
NAV Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for NAV, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Navistar International Corp ranked in the 87th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Navistar International Corp, consider:
The company's compound free cash flow growth rate over the past 3.46 years comes in at 0.73%; that's greater than 87.89% of US stocks we're applying DCF forecasting to.
34% of the company's capital comes from equity, which is greater than only 17.71% of stocks in our cash flow based forecasting set.
As a business, Navistar International Corp experienced a tax rate of about 8% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than just 24% of stocks generating free cash flow.
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 Navistar International Corp? See HXL, OESX, STCN, STRL, and GRAM.
Rating Action: Moody's assigned a B3 rating to Navistar's proposed $225 million IRB issuance; outlook is negative. New York, July 15, 2020 -- Moody's Investors Service, ("Moody's") assigned a B3 rating to Navistar International Corp.'s (Navistar) proposed issuance of $225 million of senior unsecured industrial revenue bonds (series 2020 IRBs). Navistar's other ratings are unaffected, including: corporate family rating at B2; second-lien industrial revenue bonds (series 2010 IRBs) at B1; and, senior secured, third-lien notes at B2; and senior unsecured debt at B3.
Truck maker Navistar International Corp. (NAV) has acquired a minority stake in TuSimple to co-develop self-driving trucks targeted for production by 2024.Navistar and TuSimple did not disclose the size of the stake but said that the strategic partnership is the result of a successful technical relationship between the companies for more than two years.The self-driving truck project between TuSimple, which specializes in autonomous vehicle technology, and Navistar seeks to develop a fully integrated engineering solution that will be ready for mass-production using Navistar's vehicle manufacturing capabilities, the companies said in a joint statement. Customers will be able to purchase the fully autonomous trucks through Navistar's traditional sales channels in the U.S., Canada a...
Autonomous trucking startup TuSimple is joining forces with Navistar International Corp. (NYSE: NAV), a producer of commercial trucks, proprietary diesel engines, and school and commercial buses, to develop self-driving semi-trucks. The partnership, announced Wednesday, builds on a two-year relationship between the companies and marks a milestone for TuSimple, establishing the startup as a preferred supplier of autonomous trucking technology."TuSimple and Navistar began joint development of pre-production units in 2018 and now we are kicking-off a full go-to-market production program," said Cheng Lu, president of TuSimple, in a press release. "With the combined expertise of Navistar and TuSimple, we have a clear path to commercialize self-driving Class 8 trucks at scale.&...
Navistar is shaving up to five years off the industry timeline for autonomous semis, partnering with self-driving technology leader TuSimple to sell International-branded driverless trucks in 2024, the companies said Wednesday. Navistar International Corp. (NYSE: NAV) took an undisclosed minority interest in startup TuSimple, and could increase its stake over time."Autonomous technology will have a profound impact on our customers' business," said recently named Navistar President and CEO Persio Lisboa. "This marks a significant milestone in our development journey with TuSimple. And we look forward to furthering our relationship in the months to come."Vaulting competition Navistar vaulted Daimler Trucks North America (DTNA), Volvo Group and PACCAR Inc.'s Ken...
Self-driving technology for freight trucks has attracted investor attention as it should be easier and cheaper to roll out than in self-driving cars and robotaxis, while providing a clearer path to profitability. Navistar and TuSimple did not disclose the size of the stake. TuSimple recently announced it was launching a self-driving truck network with United Parcel Service Inc , trucking firm US Xpress Enterprises Inc , and McLane, a supply chain unit of Berkshire Hathaway Inc .