Zoetis Inc. discovers, develops, manufactures and markets veterinary vaccines and medicines, complemented by diagnostic products and genetic tests and supported by a range of services. The company was founded in 1952 and is based in Florham Park, New Jersey.
ZTS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Zoetis Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Zoetis Inc ranked in the 29th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Zoetis Inc ended up being:
Interest coverage, a measure of earnings relative to interest payments, is 9.79 -- which is good for besting 70.06% of its peer stocks (US stocks in the Healthcare sector with positive cash flow).
ZTS's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 35.41% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
HAPP, PCRX, DYNT, HOLX, and LNTH can be thought of as valuation peers to ZTS, in the sense that they are in the Healthcare sector and have a similar price forecast based on DCF valuation.
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