TGM's two-stage DCF values Franklin Electric Co., Inc. (FELE) between $64.06 and $112.57 depending on assumptions, with a base case of $83.85. 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 (9.2%) reflects its beta.
What would today's price require?
$99.25 is justified only if free cash flow grows about +10.9% a year (fading to 2.5% long-run) at a 9.2% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 3.8%/yr | 10.2% | $64.06 |
| Base case | 6.8%/yr | 9.2% | $83.85 |
| Optimistic | 9.8%/yr | 8.2% | $112.57 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $60.63 | |
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
$99.25
Market-Implied Growth
+10.9%/yr
vs +4.6% 5Y actual
Model Scenario Range
$64.06 – $112.57
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 FELE (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 $206.6M · 0.04B shares · net debt $67.3M
Estimated Fair Value
$83.85
-15.5% vs $99.25
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 6.8%/yr FCF growth and 10-year horizon fixed. Green = above today's $99.25; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 7.2% | $103 | $111 | $121 | $134 | $150 |
| 8.2% | $86.70 | $92.45 | $99.21 | $107 | $117 |
| 9.2% | $74.90 | $79.07 | $83.85 | $89.40 | $95.91 |
| 10.2% | $65.82 | $68.96 | $72.49 | $76.51 | $81.12 |
| 11.2% | $58.63 | $61.06 | $63.76 | $66.78 | $70.19 |
