DCF Tool


Silgan Holdings Inc. – Metal Can Manufacturing
silgan is a leading global sustainable packaging provider for consumer goods products to many of the world's best known consumer products companies. we partner with our customers to enable them to bring their essential products to the world in the most efficient, sustainable and cost-effective packaging formats.
Analysis Results
Intrinsic Value $238.73
Latest Price $43.45
Relative Value 82% undervalued
Thoughts on this result? Let us know.
Cash Flow (Billions)
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 16.5%.

Weighted Average Cost of Capital (WACC)

The calculated WACC is 5.3%. This value is used as the default discount rate.

Value of Future Flows

Assuming a growth rate of 16.5%, 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 (billion) Present value (billion)
2023 0.557 0.529
2024 0.649 0.585
2025 0.756 0.647
2026 0.881 0.716
2027 1.03 0.792
Terminal Value

Assuming a growth rate after the projection years of 2.0%, the terminal value of the company would be 31.4 billion. This corresponds to a present value of 23.0 billion.

Intrinsic Value Per Share

The total present value of the projected cash flows is 3.27 billion. Adding in the terminal value gives a total present value of 26.2 billion.

There are presently 110.0 million outstanding shares, so the intrinsic value per share is 238.73.

Financial Statements

The following data was to determine the past cash flows.

Current Assets 2,132,652,000
Current Cash 585,622,000
Current Liabilities 1,437,860,000
Current Debt 80,061,000
Non-Cash Working Capital (NCWC) 189,231,000
Change in NCWC 13,092,000
EBIT 630,794,000
Tax Provision 133,291,000
Depreciation and Amortization 262,788,000
Capital Expenditure -215,761,000
Unlevered Free Cash Flow 513,582,801
Current Assets 2,295,849,000
Current Cash 631,439,000
Current Liabilities 1,508,522,000
Current Debt 20,251,000
Non-Cash Working Capital (NCWC) 176,139,000
Change in NCWC -49,989,000
EBIT 540,311,000
Tax Provision 107,232,000
Depreciation and Amortization 250,360,000
Capital Expenditure -232,264,000
Unlevered Free Cash Flow 384,169,632
Current Assets 1,799,193,000
Current Cash 409,481,000
Current Liabilities 1,191,620,000
Current Debt 28,036,000
Non-Cash Working Capital (NCWC) 226,128,000
Change in NCWC 11,860,000
EBIT 489,723,000
Tax Provision 98,356,000
Depreciation and Amortization 219,098,000
Capital Expenditure -224,177,000
Unlevered Free Cash Flow 378,179,758
Current Assets 1,406,808,000
Current Cash 203,824,000
Current Liabilities 1,018,529,000
Current Debt 29,813,000
Non-Cash Working Capital (NCWC) 214,268,000
Change in NCWC -94,193,000
EBIT 398,041,000
Tax Provision 58,322,000
Depreciation and Amortization 206,483,000
Capital Expenditure -230,944,000
Unlevered Free Cash Flow 187,315,470
Current Assets 1,290,134,000
Current Cash 72,819,000
Current Liabilities 1,079,068,000
Current Debt 170,214,000
Non-Cash Working Capital (NCWC) 308,461,000
Change in NCWC -80,440,000
EBIT 381,387,000
Tax Provision 69,307,000
Depreciation and Amortization 191,737,000
Capital Expenditure -190,973,000
Unlevered Free Cash Flow 211,589,286
Current Assets 1,291,922,000
Current Cash 53,533,000
Current Liabilities 958,277,000
Current Debt 108,789,000
Non-Cash Working Capital (NCWC) 388,901,000
Change in NCWC 96,111,000
EBIT 362,816,000
Tax Provision -29,978,000
Depreciation and Amortization 174,062,000
Capital Expenditure -174,429,000
Unlevered Free Cash Flow 458,560,000
Current Assets 962,178,000
Current Cash 24,690,000
Current Liabilities 861,825,000
Current Debt 217,127,000
Non-Cash Working Capital (NCWC) 292,790,000
Change in NCWC -23,708,000
EBIT 318,791,000
Tax Provision 78,566,000
Depreciation and Amortization 143,058,000
Capital Expenditure -191,893,000
Unlevered Free Cash Flow 138,251,890
Current Assets 1,045,258,000
Current Cash 99,945,000
Current Liabilities 781,213,000
Current Debt 152,398,000
Non-Cash Working Capital (NCWC) 316,498,000
Change in NCWC -79,311,000
EBIT 334,219,000
Tax Provision 80,473,000
Depreciation and Amortization 142,192,000
Capital Expenditure -237,302,000
Unlevered Free Cash Flow 53,443,335
Current Assets 1,157,832,000
Current Cash 222,591,000
Current Liabilities 664,562,000
Current Debt 125,130,000
Non-Cash Working Capital (NCWC) 395,809,000
Change in NCWC -52,094,000
EBIT 375,334,000
Tax Provision 102,161,000
Depreciation and Amortization 148,089,000
Capital Expenditure -140,429,000
Unlevered Free Cash Flow 196,146,082
Current Assets 1,082,448,000
Current Cash 160,463,000
Current Liabilities 620,256,000
Current Debt 146,174,000
Non-Cash Working Capital (NCWC) 447,903,000
Change in NCWC -17,766,000
EBIT 336,167,000
Tax Provision 69,305,000
Depreciation and Amortization 167,644,000
Capital Expenditure -103,136,000
Unlevered Free Cash Flow 291,442,931
Current Assets 1,378,487,000
Current Cash 465,608,000
Current Liabilities 702,559,000
Current Debt 255,349,000
Non-Cash Working Capital (NCWC) 465,669,000
Change in NCWC 36,760,000
EBIT 334,169,000
Tax Provision 72,441,000
Depreciation and Amortization 165,015,000
Capital Expenditure -119,241,000
Unlevered Free Cash Flow 308,530,780

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.