The Discounted Cash Flow (DCF) valuation of Flowers Foods Inc (FLO) is 20.03 USD. With the latest stock price at 16.48 USD, the upside of Flowers Foods Inc based on DCF is 21.6%.

Is FLO a buy or a sell?

Based on the latest price of 16.48 USD and our DCF valuation, Flowers Foods Inc (FLO) is a buy. Buying FLO stocks now will result in a potential gain of 21.6%.

	Range	Selected
WACC / Discount Rate	5.0% - 6.5%	5.7%
Long-term Growth Rate	0.5% - 1.5%	1.0%
Fair Price	14.45 - 29.64	20.03
Upside	-12.3% - 79.8%	21.6%

16.48 USD

Stock Price

20.03 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

FLO DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	5,103	5,339	5,686	5,951	6,163	6,501
% Growth	0%	5%	6%	5%	4%	5%

Cost of goods sold	(2,577)	(2,696)	(2,871)	(3,005)	(3,112)	(3,283)
% of Revenue	50%	50%	50%	50%	50%	50%

Selling, G&A expenses	(1,983)	(2,075)	(2,209)	(2,313)	(2,395)	(2,526)
% of Revenue	39%	39%	39%	39%	39%	39%

Research & Development	(5)	(5)	(6)	(6)	(6)	(6)
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(209)	(219)	(233)	(244)	(253)	(266)
% of Revenue	4%	4%	4%	4%	4%	4%

Tax expense	(81)	(82)	(87)	(91)	(95)	(100)
Tax rate	25%	24%	24%	24%	24%	24%

Net profit	248	262	279	292	302	319
% Margin	5%	5%	5%	5%	5%	5%