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.
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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
CHF 122.08
Intrinsic CHF 162.78 · 25% MOS
Base-case summary
Our base-case DCF for Glarner Kantonalbank (GLKBN.XSWX) 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 (CHF 145M) — TTM FCF was negative, this produces an intrinsic value of CHF 162.78 per share. A 25% safety margin gives a fair value of CHF 122.08.
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 (CHF 0). Projecting from a negative base produces nonsensical results, so this model uses the 3-year average of positive FCF (CHF 145M) 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)
CHF 145M
Cash & equivalents
CHF 1.6B
Total debt
CHF 3.0B
Shares outstanding
14M