$16.56
-1.9%Costamare Bulkers Holdings Limited is an international operator of dry bulk vessels, providing transportation services for major commodities such as grain, coal, and iron ore. The Company manages vessel chartering and freight contracts through its integrated dry bulk platform. Headquartered in Monaco, it was established as a spin-off from Costamare Inc.
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 | $151.2M | $302.4M | $604.7M | $1.2B | $2.4B | $4.8B | $9.7B | $19.4B | $38.7B | $77.4B |
| Maintenance CapEx | -$12.7M | -$25.4M | -$50.7M | -$101.4M | -$202.8M | -$405.7M | -$811.3M | -$1.6B | -$3.2B | -$6.5B |
| Owner Earnings | $138.5M | $277.0M | $554.0M | $1.1B | $2.2B | $4.4B | $8.9B | $17.7B | $35.5B | $70.9B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $128.2M | $237.5M | $439.8M | $814.4M | $1.5B | $2.8B | $5.2B | $9.6B | $17.7B | $32.8B |
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