PotlatchDeltic (newly named following Potlatch and Deltic Timber merger in February 2018) owns and manages timberlands located in Arkansas, Idaho, Minnesota and Wisconsin in the United States. The Company operates in three business segments: Resource, Wood Products and Real Estate. The company was founded in 1903 and is based in Spokane, Washington.
PCH Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PCH, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Potlatchdeltic Corp ranked in the 45th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 5.33%. As for the metrics that stood out in our discounted cash flow analysis of Potlatchdeltic Corp, consider:
Its compound free cash flow growth rate, as measured over the past 4.47 years, is 0.32% -- higher than 70.38% of stocks in our DCF forecasting set.
Potlatchdeltic Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Real Estate), Potlatchdeltic Corp has a reliance on debt greater than only 9.1% of them.
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 PCH, try LAMR, FR, SITC, BDN, and UBA.
SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (NASDAQ: PCH) announced today that Michael J. Covey, chairman and chief executive officer, and Jerald W. Richards, vice president and chief financial officer, will provide a company overview to investors at the BMO 2020 Real Assets Virtual Conference, September 3, 2020 at approximately 11:45 AM Eastern Time. A link to the webcast will be available via the Investors page on PotlatchDeltic’s website at www.potlatchdeltic.com. An archived
PotlatchDeltic Corporation (PCH) Q2 2020 Earnings Conference Call July 28, 2020, 12:00 pm ET Company Participants Jerry Richards - VP & CFO Mike Covey - Chairman & CEO Eric Cremers - President & COO Conference Call Participants John Babcock - Bank of America Ketan Mamtora - BMO Capital Markets Mark...
SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation today announced effective Thursday, July 30, 2020, that no campfires or open burning will be allowed on its properties in the State of Idaho due to increasing fire danger in the region. The burning ban on PotlatchDeltic’s Idaho properties will remain in effect until conditions improve. Additional information about PotlatchDeltic’s Idaho properties can be found online at www.potlatchdeltic.com. PotlatchDeltic urges all visitors to Idaho
SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq:PCH) today reported net income of $2.6 million, or $0.04 per diluted share, on revenues of $181.6 million for the quarter ended June 30, 2020. Net income was $17.1 million, or $0.25 per diluted share, on revenues of $215.6 million for the quarter ended June 30, 2019. Second Quarter 2020 Highlights Generated $35.3 million of Total Adjusted EBITDDA and Total Adjusted EBITDDA margin of 19% Announced agreement to sell ~72,000 acres