Badger Meter, Inc.
AI Valuation
AI-generated fair value estimate for this company.
AI Fair Value
$147.90
Market Price
$124.89
Undervalued By
15.6%
Method: 10-year two-stage unlevered FCF DCF: $150.3M TTM FCF base; 10% growth years 1-5; 7% years 6-10; 3.5% terminal growth; 9% discount rate; plus $72.3M net cash; 28.99M shares outstanding.
Reasoning: Badger Meter is a high-quality, profitable industrial compounder with an 18.5% net margin, roughly 22% ROIC, and a net-cash balance sheet riding the secular smart-water/AMI replacement cycle, making a standard multi-stage FCF DCF the right tool.