$120.68
-0.033%CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea and ammonium nitrate products to agricultural customers, as well as retailers and distributors. CVR GP, LLC serves as the general partner of the company. CVR Partners, LP was incorporated in 2007 and is headquartered in Sugar Land, 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 | $130.3M | $113.5M | $98.9M | $86.1M | $75.0M | $65.4M | $56.9M | $49.6M | $43.2M | $37.6M |
| Maintenance CapEx | -$8.9M | -$7.7M | -$6.7M | -$5.8M | -$5.1M | -$4.4M | -$3.9M | -$3.4M | -$2.9M | -$2.6M |
| Owner Earnings | $121.5M | $105.8M | $92.2M | $80.3M | $69.9M | $60.9M | $53.1M | $46.2M | $40.3M | $35.1M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $112.5M | $90.7M | $73.2M | $59.0M | $47.6M | $38.4M | $31.0M | $25.0M | $20.1M | $16.2M |
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.