Intrinsic value of Comerica Incorporated (CMA)

[per Chepakovich valuation model]

other valuations of CMA

[per Chepakovich valuation model]  See other valuations of CMA stock

Previous Close$79.43
Intrinsic Value
Upside potential
Previous Close
$79.43

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %-18.9NaN
Revenue, $3094NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m2503NaN
Operating income, $m591NaN
EBITDA, $m714NaN
Interest expense (income), $mNaN
Earnings before tax, $m576NaN
Tax expense, $m117NaN
Net income, $m459NaN

BALANCE SHEET

Cash and short-term investments, $m15939NaN
Total assets, $m88129NaN
Adjusted assets (=assets-cash), $m72190NaN
Average production assets, $m3249NaN
Working capital, $m-1709NaN
Total debt, $m5728NaN
Total liabilities, $m80079NaN
Total equity, $m8050NaN
Debt-to-equity ratio0.712NaN
Adjusted equity ratio-0.109NaN

CASH FLOW

Net income, $m459NaN
Depreciation, amort., depletion, $m123NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m928NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-79NaN
Free cash flow, $m1007NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m-1709
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN