TGM's two-stage DCF values AGCO Corporation (AGCO) between $61.93 and $117.67 depending on assumptions, with a base case of $83.26. Growth is taken from the company's own record (blend of 5-year revenue and FCF growth), fading to 2.5% long-run; the discount rate (9.6%) reflects its beta.
What would today's price require?
$127.31 is justified only if free cash flow grows about +11.2% a year (fading to 2.5% long-run) at a 9.6% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.5%/yr | 10.6% | $61.93 |
| Base case | 2.7%/yr | 9.6% | $83.26 |
| Optimistic | 5.7%/yr | 8.6% | $117.67 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 9, 2026 · assumptions not provided | $82.26 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$127.31
Market-Implied Growth
+11.2%/yr
vs +3.4% 5Y actual
Model Scenario Range
$61.93 – $117.67
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for AGCO (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $517.5M · 0.07B shares · net debt $1.7B
Estimated Fair Value
$83.26
-34.6% vs $127.31
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 2.7%/yr FCF growth and 10-year horizon fixed. Green = above today's $127.31; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 7.6% | $105 | $114 | $125 | $139 | $156 |
| 8.6% | $86.73 | $93.29 | $101 | $110 | $121 |
| 9.6% | $72.92 | $77.76 | $83.26 | $89.59 | $96.95 |
| 10.6% | $62.15 | $65.84 | $69.97 | $74.63 | $79.95 |
| 11.6% | $53.52 | $56.40 | $59.60 | $63.15 | $67.14 |