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DCF Valuation
Base-case fair value
$38.14
Intrinsic $50.86 · 25% MOS
Current price: $36.37
Base-case summary
Our base-case DCF for Ltc Properties Inc (LTC) projects 10 years of free cash flow growth at 8.7% for years 1–5 and 4.4% for years 6–10, anchored to 8.7% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $129M in trailing free cash flow, this produces an intrinsic value of $50.86 per share. A 25% safety margin gives a fair value of $38.14, suggesting the stock is currently 5% undervalued against the $36.37 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
$129M
Cash & equivalents
$22M
Total debt
$870M
Shares outstanding
49M