PACCAR (PCAR) Stock May Be 23% Undervalued Following PACCAR Connect Launch Plans

PACCAR has delivered a 5 year share price gain that long term holders will be very aware of, and the question now is whether the current US$110.22 price still lines up with the cash the business is expected to generate. With a Discounted Cash Flow (DCF) view available, the issue is less about short term swings and more about what those cash flows really justify today. Over the past 5 years the stock has returned 131.6%, which puts real weight on getting the cash flow valuation call right...