/
DCF Valuation
Base-case fair value
$62.37
Intrinsic $83.17 · 25% MOS
Base-case summary
Our base-case DCF for Clearway Energy, Inc. (CWEN) projects 10 years of free cash flow growth at 3.6% for years 1–5 and 1.8% for years 6–10, anchored to 3.6% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $656M in trailing free cash flow, this produces an intrinsic value of $83.17 per share. A 25% safety margin gives a fair value of $62.37.
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
$656M
Cash & equivalents
$325M
Total debt
$9.9B
Shares outstanding
35M