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 77th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 406.5% on a DCF basis. The most interesting components of our discounted cash flow analysis for Taylor Devices Inc ended up being:
The company has produced more trailing twelve month cash flow than just 8.23% of its sector Industrials.
The business' balance sheet suggests that 4% of the company's capital is sourced from debt; this is greater than merely 13.69% of the free cash flow producing stocks we're observing.
Taylor Devices Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -27.7. This coverage rate is greater than that of merely 4.53% of stocks we're observing for the purpose of forecasting via discounted cash flows.
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 MLI, TBI, MAN, WSC, and GFN.
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.