$24.22
-0.0021%Warby Parker Inc. provides eyewear products. It offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering lenses, and contact lenses, as well as accessories, including cases, lenses kit with anti-fog spray, pouches, and anti-fog lens spray. The company also offers eye exams and vision tests directly to consumers through its retail stores, website, and mobile apps. As of May 16, 2022, it had 160 retail stores in the United States and Canada. The company was formerly known as JAND, Inc. and changed its name to Warby Parker Inc. in June 2021. Warby Parker Inc. was incorporated in 2009 and is headquartered in New York, New York.
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 | $139.6M | $175.9M | $221.6M | $279.2M | $351.8M | $443.3M | $558.6M | $703.8M | $886.8M | $1.1B |
| Maintenance CapEx | -$16.9M | -$21.3M | -$26.8M | -$33.8M | -$42.6M | -$53.7M | -$67.6M | -$85.2M | -$107.3M | -$135.2M |
| Owner Earnings | $122.7M | $154.6M | $194.8M | $245.4M | $309.2M | $389.6M | $490.9M | $618.6M | $779.4M | $982.1M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $113.6M | $132.5M | $154.6M | $180.4M | $210.5M | $245.5M | $286.5M | $334.2M | $389.9M | $454.9M |
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