PolyOne Corporation provides specialized polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions, and polymer distribution. The company was founded in 1927 and is based in Avon Lake, Ohio.
POL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Polyone Corp. To summarize, we found that Polyone Corp ranked in the 69th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 177%. In terms of the factors that were most noteworthy in this DCF analysis for POL, they are:
Polyone Corp's weighted average cost of capital (WACC) is 6%; for context, that number is higher than merely 7.51% of tickers in our DCF set.
POL's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 7.51% of tickers in our DCF set.
As a business, Polyone Corp experienced a tax rate of about 6% over the past twelve months; relative to its sector (Basic Materials), this tax rate is higher than merely 24.59% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as POL, try CE, RIO, UFPI, BCC, and CRH.
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The Board of Directors of PolyOne Corporation (NYSE: POL), has declared a quarterly cash dividend of twenty and one-quarter cents ($0.2025) per share on the common stock outstanding, to be paid on July 8, 2020, to stockholders of record on June 12, 2020.
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