The Discounted Cash Flow (DCF) valuation of Flsmidth & Co A/S (FLS.CO) is 252.31 DKK. With the latest stock price at 393.40 DKK, the upside of Flsmidth & Co A/S based on DCF is -35.9%.
Based on the latest price of 393.40 DKK and our DCF valuation, Flsmidth & Co A/S (FLS.CO) is a sell. Selling FLS.CO stocks now will result in a potential gain of 35.9%.
Range | Selected | |
WACC / Discount Rate | 6.9% - 9.1% | 8.0% |
Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
Fair Price | 193.54 - 374.53 | 252.31 |
Upside | -50.8% - -4.8% | -35.9% |
(DKK in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 20,187 | 19,199 | 19,803 | 20,199 | 21,363 | 22,400 |
% Growth | 16% | -5% | 3% | 2% | 6% | 5% |
Cost of goods sold | (13,722) | (13,050) | (13,461) | (13,730) | (14,522) | (15,227) |
% of Revenue | 68% | 68% | 68% | 68% | 68% | 68% |
Selling, G&A expenses | (4,239) | (4,032) | (4,158) | (4,242) | (4,486) | (4,704) |
% of Revenue | 21% | 21% | 21% | 21% | 21% | 21% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (668) | (635) | (655) | (668) | (707) | (741) |
% of Revenue | 3% | 3% | 3% | 3% | 3% | 3% |
Tax expense | (528) | (538) | (555) | (566) | (598) | (627) |
Tax rate | 34% | 36% | 36% | 36% | 36% | 36% |
Net profit | 1,030 | 944 | 974 | 993 | 1,051 | 1,102 |
% Margin | 5% | 5% | 5% | 5% | 5% | 5% |