DCF Valuation
Base-case fair value
$36.87
Intrinsic $49.16 · 25% MOS
Current price: $31.26
Base-case summary
Our base-case DCF for OUTFRONT Media Inc. (OUT) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 58.9% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $254M in trailing free cash flow, this produces an intrinsic value of $49.16 per share. A 25% safety margin gives a fair value of $36.87, suggesting the stock is currently 18% undervalued against the $31.26 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
$254M
Cash & equivalents
$67M
Total debt
$4.2B
Shares outstanding
177M