Published on 21 Jan 2024 on Simply Wall St. via Yahoo Finance
Is Manitex International, Inc. (NASDAQ:MNTX) Trading At A 49% Discount?
Key Insights
The projected fair value for Manitex International is US$16.15 based on 2 Stage Free Cash Flow to EquityManitex International is estimated to be 49% undervalued based on current share price of US$8.17
In this article we are going to estimate the intrinsic value of Manitex International, Inc. (NASDAQ:MNTX) by taking the forecast future cash flows of the company and discounting them back to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Don't get put off by the jargon, the math behind it is actually quite straightforward.