We started the process of determining a valid price forecast for Taylor Devices Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Taylor Devices Inc ranked in the 74th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 296.33%. In terms of the factors that were most noteworthy in this DCF analysis for TAYD, they are:
Taylor Devices Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -29.76. This coverage rate is greater than that of only 4.02% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Industrials), Taylor Devices Inc has a reliance on debt greater than only 9.02% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TAYD, try NWPX, PFIN, R, ACTG, and USDP.
Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 3rd quarter Net earnings of $782,752, up from last year's 3rd quarter Net earnings of $445,786. Net earnings for the 1st nine months were $2,054,335, also up from last year's Net earnings for the 1st nine months of $1,562,135.