DCF Valuation
Base-case fair value
$106.72
Intrinsic $142.30 · 25% MOS
Current price: $235.29
Base-case summary
Our base-case DCF for SPX Technologies, Inc. (SPXC) projects 10 years of free cash flow growth at 10.3% for years 1–5 and 5.2% for years 6–10, anchored to 10.3% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $270M in trailing free cash flow, this produces an intrinsic value of $142.30 per share. A 25% safety margin gives a fair value of $106.72, suggesting the stock is currently 55% overvalued against the $235.29 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
$270M
Cash & equivalents
$157M
Total debt
$674M
Shares outstanding
51M