$7.34
-2.5%Quad/Graphics, Inc. provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services. The company also provides marketing and other services, including consumer insights, audience targeting, personalization, media planning and placement, process optimization, campaign planning and creation, pre-media production, videography, photography, digital and print execution, and logistics, as well as manufactures ink. It serves blue chip companies that operate in various industries, and serve businesses and consumers comprising retailers, publishers, and direct marketers. The company was founded in 1971 and is headquartered in Sussex, Wisconsin.
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 | $87.3M | $79.5M | $72.3M | $65.8M | $59.9M | $54.5M | $49.6M | $45.2M | $41.1M | $37.4M |
| Maintenance CapEx | -$8.2M | -$7.5M | -$6.8M | -$6.2M | -$5.6M | -$5.1M | -$4.7M | -$4.3M | -$3.9M | -$3.5M |
| Owner Earnings | $79.1M | $72.0M | $65.5M | $59.6M | $54.3M | $49.4M | $45.0M | $40.9M | $37.3M | $33.9M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $73.2M | $61.7M | $52.0M | $43.8M | $36.9M | $31.1M | $26.2M | $22.1M | $18.6M | $15.7M |
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Earnings Call
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Analyst Expectations
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