Published on 23 Feb 2024 on Simply Wall St. via Yahoo Finance
Is TrueBlue, Inc. (NYSE:TBI) Trading At A 34% Discount?
Key Insights
TrueBlue's estimated fair value is US$16.77 based on 2 Stage Free Cash Flow to EquityCurrent share price of US$11.04 suggests TrueBlue is potentially 34% undervalued Analyst price target for TBI is US$16.00 which is 4.6% below our fair value estimate
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of TrueBlue, Inc. (NYSE:TBI) as an investment opportunity by taking the expected future cash flows and discounting them to their present value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.