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 91th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 2499%. The most interesting components of our discounted cash flow analysis for Taylor Devices Inc ended up being:
Taylor Devices Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -52.37. This coverage rate is greater than that of merely 2.73% 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 0% 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 ESOA, NM, CPA, CAJ, and RCII.
Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 2nd quarter Net earnings of $917,006, up from last year's 2nd quarter Net earnings of $375,517. Net earnings for the 1st six months were $1,271,583, also up from last year's Net earnings for the 1st six months of $1,116,349.