CCMP
CMC Materials Inc
Price:
173.69
USD
Volume:
4,160,260
United States | Semiconductors & Semiconductor Equipment
Discounted Cash Flow
Trading Multiples
Peter Lynch Fair Value
Earnings Power Value
Dividend Discount Model
WACC
CCMP DCF Valuation - Growth Exit 5Y
-79.6 %
Upside
What is the DCF valuation of CCMP?
The Discounted Cash Flow (DCF) valuation of CMC Materials Inc (CCMP) is 35.46 USD. With the latest stock price at 173.69 USD, the upside of CMC Materials Inc based on DCF is -79.6%.
Is CCMP a buy or a sell?
Based on the latest price of 173.69 USD and our DCF valuation, CMC Materials Inc (CCMP) is a sell. Selling CCMP stocks now will result in a potential gain of 79.6%.
| Range | Selected | |
| WACC / Discount Rate | 7.6% - 10.1% | 8.9% |
| Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
| Fair Price | 17.45 - 84.6 | 35.46 |
| Upside | -90.0% - -51.3% | -79.6% |
173.69 USD
Stock Price
35.46 USD
Fair Price
| (USD in millions) | Projections | |||||
| 09-2021 | 09-2022 | 09-2023 | 09-2024 | 09-2025 | 09-2026 | |
| Revenue | 1,200 | 1,256 | 1,320 | 1,454 | 1,571 | 1,725 |
| % Growth | 7% | 5% | 5% | 10% | 8% | 10% |
| Cost of goods sold | (702) | (698) | (696) | (729) | (748) | (781) |
| % of Revenue | 58% | 56% | 53% | 50% | 48% | 45% |
| Selling, G&A expenses | (229) | (240) | (252) | (277) | (300) | (329) |
| % of Revenue | 19% | 19% | 19% | 19% | 19% | 19% |
| Research & Development | (54) | (57) | (60) | (66) | (71) | (78) |
| % of Revenue | 5% | 5% | 5% | 5% | 5% | 5% |
| Net interest & other expenses | (270) | (282) | (297) | (327) | (353) | (388) |
| % of Revenue | 22% | 22% | 22% | 22% | 22% | 22% |
| Tax expense | (14) | 4 | (3) | (11) | (20) | (31) |
| Tax rate | 25% | 21% | 21% | 21% | 21% | 21% |
| Net profit | (69) | (16) | 12 | 44 | 78 | 118 |
| % Margin | -6% | -1% | 1% | 3% | 5% | 7% |