DCF Valuation
Base-case fair value
$59.82
Intrinsic $79.76 · 25% MOS
Current price: $120.00
Base-case summary
Our base-case DCF for Belden Inc. (BDC) projects 10 years of free cash flow growth at 3.8% for years 1–5 and 1.9% for years 6–10, anchored to 3.8% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $219M in trailing free cash flow, this produces an intrinsic value of $79.76 per share. A 25% safety margin gives a fair value of $59.82, suggesting the stock is currently 50% overvalued against the $120.00 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
$219M
Cash & equivalents
$390M
Total debt
$1.4B
Shares outstanding
40M