TGM's two-stage DCF values RPM International Inc. (RPM) between $40.40 and $82.38 depending on assumptions, with a base case of $57.57. 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 (9.3%) reflects its beta.
What would today's price require?
$110.55 is justified only if free cash flow grows about +16.9% a year (fading to 2.5% long-run) at a 9.3% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.6%/yr | 10.3% | $40.40 |
| Base case | 3.6%/yr | 9.3% | $57.57 |
| Optimistic | 6.6%/yr | 8.3% | $82.38 |
| Third-party model estimate (FMP) | independent reference · retrieved Aug 19, 2026 · assumptions not provided | $102.45 | |
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
$110.55
Market-Implied Growth
+16.9%/yr
vs +2.1% 5Y actual
Model Scenario Range
$40.40 – $82.38
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 RPM (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 $606.7M · 0.13B shares · net debt $2.2B
Estimated Fair Value
$57.57
-47.9% vs $110.55
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 3.6%/yr FCF growth and 10-year horizon fixed. Green = above today's $110.55; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 7.3% | $73.53 | $80.54 | $89.01 | $99.42 | $113 |
| 8.3% | $60.02 | $64.88 | $70.57 | $77.33 | $85.49 |
| 9.3% | $49.97 | $53.51 | $57.57 | $62.26 | $67.75 |
| 10.3% | $42.22 | $44.89 | $47.90 | $51.31 | $55.23 |
| 11.3% | $36.05 | $38.12 | $40.43 | $43.01 | $45.91 |
