What is Advanced Energy Industries Inc worth?
With the base-case assumptions below, a discounted cash flow model on Advanced Energy Industries Inc's reported free cash flow gives $64.22 per share. The share price was $221.69 on November 10, 2026, 245% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.0% | 10.0% | $41.22 | -81% |
| Base | 5.0% | 9.0% | $64.22 | -71% |
| Bull | 10.0% | 8.0% | $107.16 | -52% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $80.68 | $85.69 | $91.81 | $99.46 | $109.30 |
| 8.0% | $68.41 | $71.66 | $75.50 | $80.10 | $85.73 |
| 9.0% | $59.44 | $61.66 | $64.22 | $67.21 | $70.74 |
| 10.0% | $52.60 | $54.18 | $55.97 | $58.01 | $60.37 |
| 11.0% | $47.22 | $48.38 | $49.67 | $51.13 | $52.78 |
Where the presets come from
Base: years 1 to 5 grow at Advanced Energy Industries Inc's revenue growth rate over the last 5 fiscal years (4.9% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions