Eaton
 
Buylyst Valuation
$106.4
Market Price
$88.2
Upside
22%
 

Target Price based on these Assumptions

Sustainable Free Cash Flow
$2,304 Million
Long-Term Discount Rate
5%

Sustainable Free Cash Flow Calculation

Historical Numbers

Cash Flow Items ($mn) Sustainable Level
Revenue 21,162
-

Cost of goods sold

14,245
-

R&D and Cost of labor

592
-

Selling, general, and administrative costs

Selling & Admin. Costs

3,588
-

Other

+

Depreciation and amortization

Depreciation 

1,081
=

Earnings before interest, taxes, depreciation and amortization (EBITDA)

EBITDA

3,818
-

Maintenance capital expenditure

Maintenance Cap-Ex

277
=

Unlevered cash flow

3,541
-

Increases in working capital

Increases in working cap.

350
-

Debt service charges

310
-

Cash taxes

300
=

Discretionary cash flow

2,581
POSSIBLY WIDENING THE MOAT:
-

Growth capital expenditure

Growth Cap-Ex

277
-

Cash spent on acquisitions

Acquisitions

-

Other

POSSIBLE SHENANIGANS:
-

Dividends

1,424
-

Share Buybacks

1,133
=

FREE CASH FLOW

2,304

* Click on the orange dot above to read additional notes on the items

Last 12 months ending 01/01/1970.

We use cookies on this site to ensure the best service possible.