TrueBlue Inc. is a provider of specialized workforce solutions, helping clients improve growth and performance by providing staffing, recruitment process outsourcing and managed service provider solutions. The company was founded in 1985 and is based in Tacoma, Washington.
TBI 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 TrueBlue Inc. To summarize, we found that TrueBlue Inc ranked in the 77th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 401% on a DCF basis. The most interesting components of our discounted cash flow analysis for TrueBlue Inc ended up being:
TrueBlue Inc's effective tax rate, as measured by taxes paid relative to net income, is at 18 -- greater than 73.79% of US stocks with positive free cash flow.
TrueBlue Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -39.72. This coverage rate is greater than that of only 3.42% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Industrials), TrueBlue Inc has a reliance on debt greater than just 23.46% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
MLI, MAN, TAYD, WSC, and GFN can be thought of as valuation peers to TBI, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
TrueBlue, Inc. (TBI) Q2 2020 Earnings Conference Call July 27, 2020 05:00 PM ET Company Participants Derrek Gafford - Executive Vice President and Chief Financial Officer Patrick Beharelle - Chief Executive Officer Conference Call Participants Jeff Silber - BMO Capital Markets Mark Marcon - Baird Josh Vogel - Sidoti and...
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE: TBI) is pleased to announce that Chris Kreidler has been appointed to the Company’s Board of Directors, effective immediately. He will serve on TrueBlue’s Audit, Nominating and Corporate Governance, and Innovation and Technology committees. Mr. Kreidler, 56, is a seasoned senior executive with more than 30 years of global experience in strategic planning, finance, and operations across a range of large-scale consumer companies. Mr. Kreidler had a