Published on 30 May 2024 on Simply Wall St. via Yahoo Finance
Are Investors Undervaluing Beacon Roofing Supply, Inc. (NASDAQ:BECN) By 21%?
Key Insights
The projected fair value for Beacon Roofing Supply is US$121 based on 2 Stage Free Cash Flow to EquityCurrent share price of US$95.73 suggests Beacon Roofing Supply is potentially 21% undervalued Analyst price target for BECN is US$115 which is 5.6% below our fair value estimate
In this article we are going to estimate the intrinsic value of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by taking the expected future cash flows and discounting them to today's value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward.