$7.89
+8.2%ProFrac Holding Corp., a vertically integrated and energy services company, provides hydraulic fracturing, completion, and other products and services to upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, seats, and fluid ends. ProFrac Holding Corp. was founded in 2016 and is headquartered in Willow Park, Texas.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $94.8M | $47.4M | $23.7M | $11.8M | $5.9M | $3.0M | $1.5M | $740.2K | $370.1K | $185.1K |
| Maintenance CapEx | -$17.0M | -$8.5M | -$4.2M | -$2.1M | -$1.1M | -$530.9K | -$265.5K | -$132.7K | -$66.4K | -$33.2K |
| Owner Earnings | $77.8M | $38.9M | $19.4M | $9.7M | $4.9M | $2.4M | $1.2M | $607.5K | $303.8K | $151.9K |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $72.0M | $33.3M | $15.4M | $7.1M | $3.3M | $1.5M | $708.9K | $328.2K | $152.0K | $70.3K |
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