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DCF Valuation
Base-case fair value
$2338741200.69
Intrinsic $3118321600.92 · 25% MOS
Base-case summary
Our base-case DCF for NGL Energy Partners LP (NGL) projects 10 years of free cash flow growth at 17.9% for years 1–5 and 9.0% for years 6–10, anchored to 17.9% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $145M in trailing free cash flow, this produces an intrinsic value of $3118321600.92 per share. A 25% safety margin gives a fair value of $2338741200.69.
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
$145M
Cash & equivalents
$9M
Total debt
$3.4B
Shares outstanding
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