Why we don't show a single “fair value” for CLS
Even the optimistic scenario of a conservative trailing-FCF model ($55.99) sits far below today's price — the market is paying for growth and durability beyond what this model structure captures. Off today's cash-flow base, no plausible growth rate bridges to the current price — the market is valuing normalized future cash flows, not the depressed base. The model scenarios below are shown for reference only.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 15.0%/yr | 12.3% | $35.58 |
| Base case | 18.0%/yr | 11.3% | $45.18 |
| Optimistic | 20.0%/yr | 10.3% | $55.99 |
Current Price
$332.63
Market-Implied Growth
N/A
Base-Case Model Value
$45.18
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 CLS (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 $252.1M · 0.11B shares · net debt $163.7M
Estimated Fair Value
$45.18
-86.4% vs $332.63
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 18.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $332.63; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 9.3% | $53.58 | $56.71 | $60.30 | $64.45 | $69.31 |
| 10.3% | $46.74 | $49.10 | $51.75 | $54.77 | $58.22 |
| 11.3% | $41.32 | $43.15 | $45.18 | $47.45 | $50.01 |
| 12.3% | $36.93 | $38.38 | $39.97 | $41.73 | $43.68 |
| 13.3% | $33.30 | $34.47 | $35.74 | $37.14 | $38.67 |
