Taylor Devices, Inc. (TAYD)

Industrials · NCM

USD54.23+1.41% today

Fundamentals

Market capUSD176.47M
P/E ratio17.4
Revenue growth (YoY)+5.8%
Profit margin21.5%
Return on equity16.2%
52-week rangeUSD40.50 to USD90.37

Valuation and ratings

DCF fair valueUSD120.60
Upside to fair value+122.4%
Analyst target (mean)USD67.00
Analyst rangeUSD67.00 to USD67.00
Analysts covering1
Consensus viewnone
Moat score52/100
Overall rating68/100, Buy

Fair value: USD120.60 (+122.4%), see how we got there

Taylor Devices, Inc. trades at USD54.23, which is 122% below the USD120.60 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.

Our moat model scores it 52 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 17.4 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

TAYD dividend history

Most recent paymentUSD0.020, ex 4 Dec 1989
Ex-dividend date4 Dec 1989
Consecutive years paid1

Dividends per share by year

YearTotal per sharePayments
1989USD0.0201

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

TAYD earnings and analyst estimates

EPS estimate, next yearUSD3.85
Expected EPS growth+23.0%
Expected revenue growth+24.6%

Recommendation mix, 1 analyst rating

0 buy1 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Taylor Devices, Inc.

Taylor Devices, Inc. designs, develops, manufactures, and markets shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. The company offers seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in the defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of Fluidicshoks for industrial applications on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys and train car stops. It also provides self-adjusting shock absorbers that include versions of Fluidicshoks, and crane and industrial buffers, which automatically adjust to various impact conditions and are designed for high cycle application primarily in the heavy industry; liquid die springs that are used as component parts of machinery and equipment used in the manufacture of tools and dies; vibration dampers, which are primarily used by aerospace and defense industries to control the response of electronics and optical systems subjected to air, ship, or spacecraft vibration; machined springs used in the aerospace applications; custom shock and vibration isolators comprising, liquid springs, fluid dampers, elastomeric springs, and Pumpkin mounts; and custom actuators for special aerospace and defense applications. The company markets its products through sales representatives. Taylor Devices, Inc. was incorporated in 1955 and is headquartered in North Tonawanda, New York.

Industry: Specialty Industrial MachineryEmployees: 135HQ: United States

TAYD passes 4 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is Taylor Devices, Inc. (TAYD) undervalued?

Against our discounted cash flow estimate of USD120.60, TAYD at USD54.23 is 122% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is TAYD's P/E ratio?

TAYD trades at 17.4 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

The full research page for TAYD, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.