The Discounted Cash Flow (DCF) valuation of LCI Industries (LCII) is 120.26 USD. With the latest stock price at 98.00 USD, the upside of LCI Industries based on DCF is 22.7%.
Based on the latest price of 98.00 USD and our DCF valuation, LCI Industries (LCII) is a buy. Buying LCII stocks now will result in a potential gain of 22.7%.
Range | Selected | |
WACC / Discount Rate | 6.4% - 8.1% | 7.2% |
Long-term Growth Rate | 2.5% - 4.5% | 3.5% |
Fair Price | 74.55 - 256.55 | 120.26 |
Upside | -23.9% - 161.8% | 22.7% |
(USD in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 3,741 | 4,001 | 4,212 | 4,434 | 4,766 | 4,861 |
% Growth | 1% | 7% | 5% | 5% | 7% | 2% |
Cost of goods sold | (2,861) | (3,060) | (3,222) | (3,391) | (3,645) | (3,718) |
% of Revenue | 76% | 76% | 76% | 76% | 76% | 76% |
Selling, G&A expenses | (601) | (643) | (677) | (713) | (766) | (782) |
% of Revenue | 16% | 16% | 16% | 16% | 16% | 16% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (89) | (95) | (100) | (105) | (113) | (116) |
% of Revenue | 2% | 2% | 2% | 2% | 2% | 2% |
Tax expense | (46) | (50) | (52) | (55) | (59) | (60) |
Tax rate | 25% | 25% | 25% | 25% | 25% | 25% |
Net profit | 143 | 153 | 161 | 169 | 182 | 186 |
% Margin | 4% | 4% | 4% | 4% | 4% | 4% |