Interface Inc. designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. It offers modular carpets under the Interface and FLOR brands; and carpet tiles under the GlasBacRE brand name for use in commercial interiors, including offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors. The company was founded in 1973 and is based in Atlanta, Georgia.
TILE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for TILE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Interface Inc ranked in the 75th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 332.33%. The most interesting components of our discounted cash flow analysis for Interface Inc ended up being:
43% of the company's capital comes from equity, which is greater than merely 18.59% of stocks in our cash flow based forecasting set.
Interface Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2. This coverage rate is greater than that of merely 17.81% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Interface Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than merely 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Interface Inc? See CROX, DISCA, GIL, BBY, and YETI.
Interface Inc. (TILE) is one of the biggest manufacturers and designers of carpet tile specializing primarily in commercial interiors. Value Line estimates the company commands roughly 35% of the market share in carpet tile, making them the leader in the space. However, management has been diversifying its product portfolio by...
SCOTTSDALE, Ariz., Sept. 15, 2020 /PRNewswire/ -- Leveraging its 52-year history of engineering and manufacturing the most accurate and reliable force measurement solutions, Interface today introduced its new, ultra-precision line of ConvexBT™ Load Button Load Cells. ConvexBT is the most…
SCOTTSDALE, Ariz., Sept. 3, 2020 /PRNewswire/ -- Providing customers with a quick and easy way to conduct load cell verification in real-time, Interface today announced the launch of its new Interface Force Verification Frame. The new Interface load frame is lightweight and can be…
ATLANTA, Aug. 18, 2020 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE), a worldwide modular flooring company and global leader in sustainability, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.01 per share, payable Sept. 18, 2020 to…