Vulcan Materials Company (VMC) DCF Valuation
Two independent models estimate Vulcan Materials Company's fair value between $63.02 (conservative case) and $237.39 (analyst consensus).
What would today's price require?
$272.67 is justified only if free cash flow grows about +20.5% a year for the next decade — faster than the company has actually grown.
Current Price
$272.67
Fair-Value Range
$63.02 – $237.39
Market-Implied Growth
+20.5%/yr
vs +5.9% 5Y actual
VMC DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.
Base inputs: FCF $785.3M · 0.13B shares · net debt $4.7B
Estimated Fair Value
$63.02
-76.9% vs $272.67
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $272.67; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.0% | $87.12 | $93.44 | $101 | $110 | $121 |
| 9.0% | $69.71 | $74.04 | $79.03 | $84.85 | $91.73 |
| 10.0% | $56.46 | $59.53 | $63.02 | $67.00 | $71.60 |
| 11.0% | $46.04 | $48.29 | $50.81 | $53.65 | $56.86 |
| 12.0% | $37.64 | $39.33 | $41.20 | $43.28 | $45.61 |
About Vulcan Materials Company
Vulcan Materials Company, alongside its affiliated entities, stands as a prominent producer and distributor of construction aggregates, primarily operating within the United States. The company's activities are organized into four distinct divisions: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates division focuses on providing essential materials like crushed stone, sand, gravel, and other foundational aggregates, along with related services. These products are vital for building and maintaining highways, public infrastructure, residential properties, and various commercial, industrial, and other non-residential structures. Through its Asphalt Mix segment, the firm furnishes asphalt mixture to locations in Alabama, Arizona, California, New Mexico, Tennessee, and Texas, additionally performing asphalt paving work in Alabama, Tennessee, and Texas. The Concrete segment supplies ready-mixed concrete to customers in California, Maryland, New Jersey, New York, Oklahoma, Pennsylvania, Texas, Virginia, and Washington D.C. Lastly, the Calcium division is responsible for mining, manufacturing, and marketing calcium products for use in animal feed, plastics, and water treatment industries. Established in 1909, the corporation, initially known as Virginia Holdco, Inc. before its name change, is headquartered in Birmingham, Alabama.
- Sector
- Basic Materials
- Industry
- Construction Materials
- CEO
- Ronnie A. Pruitt