DCF Valuation
Base-case fair value
$49.60
Intrinsic $66.14 · 25% MOS
Base-case summary
Our base-case DCF for Hexcel Corp (HXL) projects 10 years of free cash flow growth at 10.7% for years 1–5 and 5.4% for years 6–10, anchored to 10.7% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $206M in trailing free cash flow, this produces an intrinsic value of $66.14 per share. A 25% safety margin gives a fair value of $49.60.
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
$206M
Cash & equivalents
$54M
Total debt
$998M
Shares outstanding
77M