DMC Global Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $10.27M normalized FCF base (TTM); 6% annual FCF growth years 1-5; 4% years 6-10; 11.5% discount rate (industrial cyclicality, recent GAAP net losses from segment impairments/restructuring); 2.5% terminal growth; -$30.51M net debt; 20.54M shares outstanding.

Reasoning: DMC Global is a diversified industrial products company (energy services, infrastructure, specialty chemicals) that generates positive free cash flow despite a GAAP net loss driven by non-cash impairment charges, so FCF (not net income) is the right DCF input, with a somewhat elevated discount rate reflecting its cyclical end markets and recent operating volatility.