Teekay Corp Ltd (TK)

Deep Sea Foreign Transportation of Freight

Latest Price

$14.90

TTM P/E

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

25.13

P/B Ratio

0.59

Valuation metrics

EPS: $1.13

Book value / share: $25.13

Formula: √(22.5 × EPS × BVPS)

Graham Number

$25.28

+73% upside

Norm. op. income: $303M (median of 7yr)

Tax rate: 5%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$44.36

+204% upside

Base FCF: $184M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$47.34

+225% upside

EPS: $1.13

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$16.95

+16% upside