Published on 11 May 2024 on Simply Wall St. via Yahoo Finance
Are Investors Undervaluing Shoe Carnival, Inc. (NASDAQ:SCVL) By 34%?
Key Insights
Using the 2 Stage Free Cash Flow to Equity, Shoe Carnival fair value estimate is US$52.79Current share price of US$34.97 suggests Shoe Carnival is potentially 34% undervaluedPeers of Shoe Carnival are currently trading on average at a 4,101% premium
Does the May share price for Shoe Carnival, Inc. (NASDAQ:SCVL) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by estimating the company's future cash flows and discounting them to their present value. Our analysis will employ the Discounted Cash Flow (DCF) model. Believe it or not, it's not too difficult to follow, as you'll see from our example!