DCF Tool


Franklin Electric Co., Inc. – Motor and Generator Manufacturing
founded in 1944, franklin electric has grown from a small motor manufacturing company into a leading global provider of complete water systems and fueling systems. franklin electric's principal markets include clean water systems, water transfer and grey water systems, and fueling systems. headquartered in fort wayne, indiana, franklin serves all corners of the world with facilities spanning the globe.
Analysis Results
Intrinsic Value $218.97
Latest Price $89.58
Relative Value 59% undervalued
Thoughts on this result? Let us know.
Cash Flow (Millions)
Analysis Parameters
New Ticker
Analysis Details
Growth Rate Projection

An exponential growth model was fit to the past cash flow data, giving more weight to more recent years. This model determined a growth rate estimate of 20.3%.

Weighted Average Cost of Capital (WACC)

The calculated WACC is 8.6%. This value is used as the default discount rate.

Value of Future Flows

Assuming a growth rate of 20.3%, the cash flows for the next 5 years are projected.

The present value of each year's flow is adjusted to present value using the discount rate.

Year Future flow (million) Present value (million)
2023 395 364
2024 475 403
2025 572 447
2026 688 495
2027 828 549
Terminal Value

Assuming a growth rate after the projection years of 2.0%, the terminal value of the company would be 12900 million. This corresponds to a present value of 7870 million.

Intrinsic Value Per Share

The total present value of the projected cash flows is 2260 million. Adding in the terminal value gives a total present value of 10100 million.

There are presently 46.3 million outstanding shares, so the intrinsic value per share is 218.97.

Financial Statements

The following data was to determine the past cash flows.

Current Assets 858,090,000
Current Cash 45,790,000
Current Liabilities 405,769,000
Current Debt 126,756,000
Non-Cash Working Capital (NCWC) 533,287,000
Change in NCWC 147,209,000
EBIT 259,359,000
Tax Provision 46,416,000
Depreciation and Amortization 50,374,000
Capital Expenditure -41,903,000
Unlevered Free Cash Flow 365,217,135
Current Assets 724,647,000
Current Cash 40,536,000
Current Liabilities 396,014,000
Current Debt 97,981,000
Non-Cash Working Capital (NCWC) 386,078,000
Change in NCWC 98,764,000
EBIT 189,814,000
Tax Provision 34,731,000
Depreciation and Amortization 44,572,000
Capital Expenditure -30,116,000
Unlevered Free Cash Flow 268,283,227
Current Assets 619,254,000
Current Cash 130,787,000
Current Liabilities 203,704,000
Current Debt 2,551,000
Non-Cash Working Capital (NCWC) 287,314,000
Change in NCWC -51,840,000
EBIT 133,017,000
Tax Provision 22,540,000
Depreciation and Amortization 36,488,000
Capital Expenditure -22,856,000
Unlevered Free Cash Flow 70,570,714
Current Assets 567,444,000
Current Cash 64,405,000
Current Liabilities 185,764,000
Current Debt 21,879,000
Non-Cash Working Capital (NCWC) 339,154,000
Change in NCWC -37,670,000
EBIT 129,652,000
Tax Provision 20,800,000
Depreciation and Amortization 36,977,000
Capital Expenditure -21,855,000
Unlevered Free Cash Flow 84,183,852
Current Assets 579,879,000
Current Cash 59,173,000
Current Liabilities 255,857,000
Current Debt 111,975,000
Non-Cash Working Capital (NCWC) 376,824,000
Change in NCWC 374,000
EBIT 133,660,000
Tax Provision 14,890,000
Depreciation and Amortization 38,604,000
Capital Expenditure -22,432,000
Unlevered Free Cash Flow 133,677,082
Current Assets 589,131,000
Current Cash 67,233,000
Current Liabilities 245,901,000
Current Debt 100,453,000
Non-Cash Working Capital (NCWC) 376,450,000
Change in NCWC 121,008,000
EBIT 111,296,000
Tax Provision 25,994,000
Depreciation and Amortization 38,506,000
Capital Expenditure -33,484,000
Unlevered Free Cash Flow 209,664,548
Current Assets 483,819,000
Current Cash 104,331,000
Current Liabilities 157,761,000
Current Debt 33,715,000
Non-Cash Working Capital (NCWC) 255,442,000
Change in NCWC 10,594,000
EBIT 110,197,000
Tax Provision 24,798,000
Depreciation and Amortization 35,534,000
Capital Expenditure -39,136,000
Unlevered Free Cash Flow 90,941,891
Current Assets 438,134,000
Current Cash 81,561,000
Current Liabilities 144,671,000
Current Debt 32,946,000
Non-Cash Working Capital (NCWC) 244,848,000
Change in NCWC 1,463,000
EBIT 93,358,000
Tax Provision 12,625,000
Depreciation and Amortization 35,476,000
Capital Expenditure -26,171,000
Unlevered Free Cash Flow 90,471,002
Current Assets 469,539,000
Current Cash 59,141,000
Current Liabilities 201,105,000
Current Debt 34,092,000
Non-Cash Working Capital (NCWC) 243,385,000
Change in NCWC 28,695,000
EBIT 116,699,000
Tax Provision 18,851,000
Depreciation and Amortization 37,210,000
Capital Expenditure -35,525,000
Unlevered Free Cash Flow 122,554,816
Current Assets 472,354,000
Current Cash 134,553,000
Current Liabilities 138,474,000
Current Debt 15,363,000
Non-Cash Working Capital (NCWC) 214,690,000
Change in NCWC 19,574,000
EBIT 127,500,000
Tax Provision 28,851,000
Depreciation and Amortization 31,356,000
Capital Expenditure -67,848,000
Unlevered Free Cash Flow 77,605,438
Current Assets 428,917,000
Current Cash 103,338,000
Current Liabilities 145,639,000
Current Debt 15,176,000
Non-Cash Working Capital (NCWC) 195,116,000
Change in NCWC 58,089,000
EBIT 113,178,000
Tax Provision 32,250,000
Depreciation and Amortization 28,335,000
Capital Expenditure -40,056,000
Unlevered Free Cash Flow 128,077,309

This analysis is provided for informational purposes only and does not constitute financial or investing advice. For more information on the advantages and limitations of DCF analysis see background. This information is provided on an "as is" basis. No warranty, expressed or implied, is made regarding accuracy, adequacy, completeness, legality, reliability or usefulness of any information. By using this site you agree that under no circumstances shall Valuation Tools LLC be held liable for any loss or damage caused by information obtained from this website including any articles, data, videos, its social media accounts, or any other materials.