WORLD KINECT CORP (INT)

Wholesale-Petroleum & Petroleum Products (No Bulk Stations)

Latest Price

$15.39

TTM P/E

Normalized P/E

Div Yield

5.39%

Book Value

24.51

P/B Ratio

0.63

Valuation metrics

Norm. op. income: $198M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$18.46

+20% upside

Base FCF: $184M (median of recent 5yr)

Growth: 11%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$84.47

+449% upside