DCF Valuation
Base-case fair value
$18.08
Intrinsic $24.11 · 25% MOS
Current price: $40.13
Base-case summary
Our base-case DCF for American Superconductor Corp (AMSC) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 147.5% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $18M in trailing free cash flow, this produces an intrinsic value of $24.11 per share. A 25% safety margin gives a fair value of $18.08, suggesting the stock is currently 55% overvalued against the $40.13 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$18M
Cash & equivalents
$141M
Total debt
$4M
Shares outstanding
44M