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 $63.54 per share. The share price was $279.68 on September 25, 2026, 340% 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% | $40.54 | -86% |
| Base | 5.0% | 9.0% | $63.54 | -77% |
| Bull | 10.0% | 8.0% | $106.48 | -62% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $79.99 | $85.00 | $91.13 | $98.78 | $108.62 |
| 8.0% | $67.73 | $70.97 | $74.81 | $79.42 | $85.05 |
| 9.0% | $58.75 | $60.98 | $63.54 | $66.53 | $70.06 |
| 10.0% | $51.92 | $53.50 | $55.29 | $57.33 | $59.69 |
| 11.0% | $46.53 | $47.69 | $48.99 | $50.44 | $52.09 |
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