The Andersons, Inc.
AI Valuation
AI-generated fair value estimate for this company.
AI Fair Value
$77.89
Market Price
$67.72
Undervalued By
13.1%
Method: 10-year FCFE DCF: $177.3M TTM net income base used as agribusiness owner-earnings proxy; 4% growth yrs 1-5; 3% yrs 6-10; 10% discount rate; 2.5% terminal growth; no separate debt deduction (levered earnings basis); 33.66M shares outstanding.
Reasoning: The Andersons' reported free cash flow is volatile due to grain-merchandising working-capital swings, so normalized net income is used as the FCFE base instead of raw FCF.