The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Ocean Bio Chem Inc. To summarize, we found that Ocean Bio Chem Inc ranked in the 75th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 241.67% on a DCF basis. The most interesting components of our discounted cash flow analysis for Ocean Bio Chem Inc ended up being:
The business' balance sheet reveals debt to be 4% of the company's capital (with equity being the remaining amount). Approximately only 14.57% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 0% of stocks in its sector (Industrials).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
AAWW, RGP, ALG, LXFR, and FIX can be thought of as valuation peers to OBCI, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
FORT LAUDERDALE, Fla., Jan. 19, 2021 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today record net sales for both the fourth quarter and the full year 2020. For the fourth quarter of 2020, net sales were approximately $12.9 million, compared to approximately $9.7 million…
On November 23, 2020, Ocean Bio-Chem (NASDAQ:OBCI) announced shareholders can expect to receive a dividend payable on December 17, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. Ocean Bio-Chem, whose current dividend payout is $0.02, has an ex-dividend date set at December 2, 2020. The payout equates to a dividend yield of 0.64% at current price levels.What Are Ex-Dividend Dates? An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates do...