Date of Award
Fall 12-12-2020
Document Type
Project (696 or 796 registration)
Degree Name
Master of Science in Accounting & Finance
Department
Graduate Studies
Committee Chair
Eduardo Pablo
Abstract
In my valuation model I gathered Otter Tail Corporation’s financial statements, historical and industry data, public information and ratio analysis from Mergent Online, Yahoo Finance and Otter Tail Corporation’s 2018 annual report. I discount the expected free cash flows at the WACC and estimate that Otter Tail Corporation’s stock is price is at USD 56.36 per share as of November 1st, 2019, given the small difference between my estimated price per share and the current price per share in the market, and consistent with the EV/EBITDA multiple, I recommend a HOLD on the stock of the company.
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Recommended Citation
Strese, Heather, "Otter Tail Corporation" (2020). Dissertations, Theses, and Projects. 293.
https://red.mnstate.edu/thesis/293