Armstrong World Industries, Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $246M normalized FCF base (TTM/FY2025 actual); 8% annual FCF growth years 1-5; 5% growth years 6-10; 8.5% discount rate; 3% terminal growth; $501.4M net debt; 42.26 million shares outstanding.

Reasoning: Armstrong World Industries is a profitable, cash-generative building-products manufacturer (ceilings/architectural specialties) with strong recent double-digit growth from its WAVE joint venture and acquisitions, making a standard unlevered FCF DCF appropriate; growth rates moderate from the current elevated pace toward a more sustainable long-run rate.