DCF Valuation
Base-case fair value
$297.89
Intrinsic $397.18 · 25% MOS
Base-case summary
Our base-case DCF for Abercrombie & Fitch Co (ANF) projects 10 years of free cash flow growth at 18.1% for years 1–5 and 9.1% for years 6–10, anchored to 18.1% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $416M in trailing free cash flow, this produces an intrinsic value of $397.18 per share. A 25% safety margin gives a fair value of $297.89.
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
$416M
Cash & equivalents
$619M
Total debt
$1.3B
Shares outstanding
46M