Terex Corporation is a lifting and material handling solutions company reporting in five business segments: Aerial Work Platforms, Construction, Cranes, Material Handling & Port Solutions and Materials Processing. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, quarrying and mining industries. The company was founded in 1925 and is based in Westport, Connecticut.
TEX 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 Terex Corp. To summarize, we found that Terex Corp ranked in the 79th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 422.5% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Terex Corp, consider:
Its compound free cash flow growth rate, as measured over the past 5.51 years, is 0.27% -- higher than 69.89% of stocks in our DCF forecasting set.
As a business, TEX is generating more cash flow than 63.39% of positive cash flow stocks in the Industrials.
The business' balance sheet reveals debt to be 51% of the company's capital (with equity being the remaining amount). Approximately 70.88% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
MLHR, EML, CMCO, SB, and BGSF can be thought of as valuation peers to TEX, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]
WESTPORT, Conn., June 8, 2020 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced that John L. Garrison, Jr., Chairman and CEO of Terex Corporation, will take on additional responsibilities as President, Terex Aerial Work Platforms (AWP), effective immediately. Matt Fearon, the…