Published on 18 Mar 2024 on Simply Wall St. via Yahoo Finance
The AZEK Company Inc. (NYSE:AZEK) Shares Could Be 33% Above Their Intrinsic Value Estimate
Key Insights
AZEK's estimated fair value is US$35.71 based on 2 Stage Free Cash Flow to EquityAZEK's US$47.53 share price signals that it might be 33% overvaluedOur fair value estimate is 29% lower than AZEK's analyst price target of US$49.95
Does the March share price for The AZEK Company Inc. (NYSE:AZEK) reflect what it's really worth? Today, we will estimate the stock's intrinsic value 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. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.