CNH Industrial N.V.


Lower revenue estimates and CNHI’s stake on Nikola incorporated

18/06/20 -"Our target price is reduced mainly due to: lower capex estimates, lower revenue estimates, and the inclusion of Nikola in CNHI’s NAV valuation. As such, our target price is mainly being pushed ..."

Pages
56
Language
English
Published on
18/06/20
You may also be interested by these reports :
10/07/20
June’s passenger car registration figures point to a swift bounce-back for the Chinese market. Volumes increased by 1.8% yoy to 1,764k vehicles, and ...

02/07/20
The coverage of Autos by AlphaValue is made up of 15 stocks with a combined market cap of €266bn and (fingers crossed) still €12bn in net earnings ...

01/07/20
Our FY20-21 EPS estimates have been adjusted to account for the steep decline in car sales volumes since our last update at the end of March. The ...

30/06/20
We have incorporated more pessimistic truck and bus registration numbers in Volvo’s largest markets (EU and USA), while taking into account China’s ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO