$84.99
+0.56%Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company worldwide. It offers investment advisory, fund administration, fund compliance, fund transfer agent, and fund distribution services. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors. As of December 31, 2021, its franchises and solutions platform managed a set of 130 investment strategies for a range of institutional and retail clients, and direct investors. The company has strategic alliance with Xavier University of Louisiana. Victory Capital Holdings, Inc. was incorporated in 2013 and is headquartered in San Antonio, 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 | $168.1M | $117.6M | $82.2M | $57.5M | $40.2M | $28.1M | $19.7M | $13.7M | $9.6M | $6.7M |
| Maintenance CapEx | -$497.6K | -$348.0K | -$243.3K | -$170.2K | -$119.0K | -$83.2K | -$58.2K | -$40.7K | -$28.5K | -$19.9K |
| Owner Earnings | $167.6M | $117.2M | $82.0M | $57.3M | $40.1M | $28.0M | $19.6M | $13.7M | $9.6M | $6.7M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $155.2M | $100.5M | $65.1M | $42.1M | $27.3M | $17.7M | $11.4M | $7.4M | $4.8M | $3.1M |
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