$9.92
-11%GrafTech International Ltd. research, develops, manufactures, and sells graphite and carbon-based solutions worldwide. It offers graphite electrodes to produce electric arc furnace steel and other ferrous and non-ferrous metals; and petroleum needle coke, a crystalline form of carbon used in the production of graphite electrodes. The company sells its products primarily through direct sales force, independent sales representatives, and distributors. GrafTech International Ltd. was founded in 1886 and is headquartered in Brooklyn Heights, Ohio.
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 | -$40.8M | -$20.4M | -$10.2M | -$5.1M | -$2.6M | -$1.3M | -$637.6K | -$318.8K | -$159.4K | -$79.7K |
| Maintenance CapEx | -$3.9M | -$1.9M | -$972.1K | -$486.1K | -$243.0K | -$121.5K | -$60.8K | -$30.4K | -$15.2K | -$7.6K |
| Owner Earnings | -$44.7M | -$22.3M | -$11.2M | -$5.6M | -$2.8M | -$1.4M | -$698.4K | -$349.2K | -$174.6K | -$87.3K |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | -$41.4M | -$19.2M | -$8.9M | -$4.1M | -$1.9M | -$880.2K | -$407.5K | -$188.7K | -$87.3K | -$40.4K |
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.