Parker-Hannifin Corporation is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company was founded in 1918 and is based in Cleveland, Ohio.
PH Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PH, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Parker Hannifin Corp ranked in the 45th percentile in terms of potential gain offered. In terms of the factors that were most noteworthy in this DCF analysis for PH, they are:
Interest coverage, a measure of earnings relative to interest payments, is 5.91 -- which is good for besting 59.76% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
Parker Hannifin Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 15.97% of tickers in our DCF set.
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 Parker Hannifin Corp? See LMT, BMI, CSX, OESX, and AOS.
Parker-Hannifin (PH) declares $0.88/share quarterly dividend, in line with previous.Forward yield 1.69%Payable Sept. 11; for shareholders of record Aug. 28; ex-div Aug. 27.See PH Dividend Scorecard, Yield Chart, & Dividend Growth....
Perceptions change slowly. Not only has Parker-Hannifin (PH) taken far-reaching steps to fundamentally improve its cost structure (leading to significant uplift in margins versus prior recessions), the company's M&A activity has created a less cyclical business better capable of growing through the cycle. And yet, Parker is still a frequent...
Stephen Simpson, CFA on Seeking Alpha | August 11, 2020
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]