Tag: autotrader

Estimating The Fair Value Of Federal Signal Corporation (NYSE:FSS)Estimating The Fair Value Of Federal Signal Corporation (NYSE:FSS)

Key Insights The projected fair value for Federal Signal is US$73.36 based on 2 Stage Free Cash Flow to Equity Federal Signal’s US$64.03 share price indicates it is trading at similar levels as its fair value estimate Analyst price target for FSS is US$61.60 which is 16% below our fair value estimate Does the July share price for Federal Signal Corporation (NYSE:FSS) reflect what it’s really worth? Today, we will estimate the stock’s intrinsic value by taking the expected future cash flows and discounting them to today’s value. The Discounted Cash Flow (DCF) model is the tool we will apply… [...]

Average used car loans are now much more than the vehicles are worthAverage used car loans are now much more than the vehicles are worth

Used car prices have been all over the map in recent times, with some used models exceeding their new MSRPs as demand soared and supply dwindled. While that situation appears to have been mostly resolved, the finances of the used car market are still raising eyebrows, as buyers seem to be rolling more negative equity into their purchases in 2023. A new study from JD Power and TransUnion pointed out that the average loan-to-value ratio of used car financing has ballooned to 125 percent during the first quarter of 2023. That’s up from 110 a year ago and 104 percent… [...]

Join the AutoForm Global Webinar: Evolving Hemming Process Development, June 7th 2023Join the AutoForm Global Webinar: Evolving Hemming Process Development, June 7th 2023

AutoForm users have long been able to complete hemming studies using the inner and outer parts of the closure. With the launch of AutoForm Assembly in 2021, users quickly became aware of the significance of developing their hemming processes while assembling all parts within the closure, accounting for tolerances, gravity, parts springback and hemming impact. We are now moving towards an evolution in hemming process development with improved process definition methods, improved gluing implementation, and better handling of scanned part geometries among the many capabilities. Please register here! Registration June 7, 2023, Session: 9:00* (Duration approx. 1 hour)Registration June [...]

These used cars are selling well below their prices when newThese used cars are selling well below their prices when new

We’re in this weird spot in the used car market where some models are selling for more than they cost new. iSeeCars‘ a recent study found that vehicles like the Ford Maverick have been selling for thousands over their new MSRPs, but the good news is that there are just as many selling at a discount. iSeeCars analyzed 8.9 million new and “lightly used” cars between February and March, 2023 and determined that while many used models are listed above their new MSRPs, prices have fallen over the last year. Perhaps unsurprisingly, the list of vehicles selling for less than… [...]

MABE: White Goods Innovation with Process Simulation: Surface Quality in a Stove AssemblyMABE: White Goods Innovation with Process Simulation: Surface Quality in a Stove Assembly

Introduction Initially, Mabe focused on producing kitchen cabinets and integrated furniture. Thanks to its rapid growth, the company became Mexico’s largest appliance exporter by 1960. By the 1990s, Mabe was responsible for designing and manufacturing over two-thirds of the gas stoves and refrigerators sold in the United States. Additionally, 95% of appliances sold under the General Electric brand were produced at Mabe’s San Luis Potosí factory, which is the largest kitchen manufacturing plant in the world. In this case study, we examine the methods and tools that have assisted Mabe in improving their appliance production and speed since [...]