$23.30
-2.7%Franklin Covey Co. provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through three segments: Direct Offices, International Licensees, and Education Practice. It also provides a suite of individual-effectiveness and leadership-development training and products. The company was incorporated in 1983 and is headquartered in Salt Lake City, Utah.
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 | $14.5M | $7.2M | $3.6M | $1.8M | $905.5K | $452.8K | $226.4K | $113.2K | $56.6K | $28.3K |
| Maintenance CapEx | -$1.7M | -$844.4K | -$422.2K | -$211.1K | -$105.6K | -$52.8K | -$26.4K | -$13.2K | -$6.6K | -$3.3K |
| Owner Earnings | $12.8M | $6.4M | $3.2M | $1.6M | $800.0K | $400.0K | $200.0K | $100.0K | $50.0K | $25.0K |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $11.9M | $5.5M | $2.5M | $1.2M | $544.5K | $252.1K | $116.7K | $54.0K | $25.0K | $11.6K |
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.