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DCF Valuation
Base-case fair value
$9701941149.29
Intrinsic $12935921532.38 · 25% MOS
Base-case summary
Our base-case DCF for Navios Maritime Partners L.P. (NMM) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 36.1% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $281M in trailing free cash flow, this produces an intrinsic value of $12935921532.38 per share. A 25% safety margin gives a fair value of $9701941149.29.
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
$281M
Cash & equivalents
$403M
Total debt
$1.7B
Shares outstanding
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