The Discounted Cash Flow (DCF) valuation of Flow Traders NV (FLOW.AS) is 51.41 EUR. With the latest stock price at 26.94 EUR, the upside of Flow Traders NV based on DCF is 90.8%.
Based on the latest price of 26.94 EUR and our DCF valuation, Flow Traders NV (FLOW.AS) is a buy. Buying FLOW.AS stocks now will result in a potential gain of 90.8%.
Range | Selected | |
WACC / Discount Rate | 5.0% - 7.6% | 6.3% |
Long-term Growth Rate | 0.0% - 1.0% | 0.5% |
Fair Price | 36.28 - 79.85 | 51.41 |
Upside | 34.7% - 196.4% | 90.8% |
(EUR in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 479 | 499 | 515 | 526 | 536 | 547 |
% Growth | 17% | 4% | 3% | 2% | 2% | 2% |
Cost of goods sold | (333) | (347) | (358) | (365) | (373) | (380) |
% of Revenue | 69% | 69% | 69% | 69% | 69% | 69% |
Selling, G&A expenses | (234) | (243) | (251) | (256) | (261) | (267) |
% of Revenue | 49% | 49% | 49% | 49% | 49% | 49% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | 282 | 293 | 303 | 309 | 315 | 321 |
% of Revenue | 59% | 59% | 59% | 59% | 59% | 59% |
Tax expense | (35) | (39) | (40) | (41) | (41) | (42) |
Tax rate | 18% | 19% | 19% | 19% | 19% | 19% |
Net profit | 160 | 164 | 169 | 173 | 176 | 180 |
% Margin | 33% | 33% | 33% | 33% | 33% | 33% |