Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
DCF Valuation
Base-case fair value
€90.56
Intrinsic €120.74 · 25% MOS
Base-case summary
Our base-case DCF for Darwin AG (7V0.XETR) projects 10 years of free cash flow growth at 8.0% for years 1–5 and 4.0% for years 6–10, anchored to a default 8% growth assumption, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from the 3-year average of positive free cash flow (€51M) — TTM FCF was negative, this produces an intrinsic value of €120.74 per share. A 25% safety margin gives a fair value of €90.56.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
TTM FCF is negative (-€22M). Projecting from a negative base produces nonsensical results, so this model uses the 3-year average of positive FCF (€51M) as the base instead. Treat this valuation as a rough estimate — it assumes a return to historical profitability.
Model inputs
Free Cash Flow (3yr avg)
€51M
Cash & equivalents
€53M
Total debt
€6M
Shares outstanding
11M