CASY
Casey's General Stores, Inc. (CASY)
Last Price$412.52.1%
Market Cap$15.3B
DCF value
$254.5
Overvalued (DCF value)
(38.3%)
Discount Rate
6.9%
Long-Term Growth Rate
2.5%
Stock quality
8/10
Great

CASY DCF Model

Free Cash Flow to Firm Model
NOPAT Model
Free Cash Flow to Equity Model
Net Income Model
Millions
Billions
Apr'20 ActualApr'21 ActualApr'22 ActualApr'23 ActualApr'24 ActualApr'25 EstimateApr'26 EstimateApr'27 EstimateApr'28 EstimateApr'29 EstimateApr'30 EstimateApr'31 EstimateApr'32 EstimateApr'33 EstimateApr'34 EstimateApr'35 Terminal
% growth
9,175.3
(1.9%)
8,707.2
(5.1%)
12,952.6
48.8%
15,094.5
16.5%
14,862.9
(1.5%)
15,765.8
6.1%
17,423.9
10.5%
18,268.9
4.8%
18,914.3
3.5%
19,796.5
4.7%
20,648.4
4.3%
21,462.6
3.9%
22,231.4
3.6%
22,947.5
3.2%
23,604.0
2.9%
24,194.1
2.5%
395.5
4.3%
454.0
5.2%
497.7
3.8%
639.3
4.2%
1,072.4
7.2%
709.8
4.5%
784.4
4.5%
822.5
4.5%
851.5
4.5%
891.2
4.5%
929.6
4.5%
966.3
4.5%
1,000.9
4.5%
1,033.1
4.5%
1,062.7
4.5%
1,089.2
4.5%
NOPAT
% effective tax rate
305.1
3.3%
348.8
4.0%
383.7
3.0%
486.1
3.2%
820.4
5.5%
543.0
3.4%
600.1
3.4%
629.2
3.4%
651.4
3.4%
681.8
3.4%
711.2
3.4%
739.2
3.4%
765.7
3.4%
790.3
3.4%
813.0
3.4%
833.3
3.4%
% of revenue
251.2
2.7%
265.2
3.0%
303.5
2.3%
313.1
2.1%
349.8
2.4%
355.9
2.3%
393.3
2.3%
412.4
2.3%
426.9
2.3%
446.8
2.3%
466.1
2.3%
484.4
2.3%
501.8
2.3%
518.0
2.3%
532.8
2.3%
546.1
2.3%
% of revenue
(439.0)
(4.8%)
(441.3)
(5.1%)
(326.5)
(2.5%)
(476.6)
(3.2%)
(522.0)
(3.5%)
(483.0)
(3.1%)
(533.7)
(3.1%)
(559.6)
(3.1%)
(579.4)
(3.1%)
(606.4)
(3.1%)
(632.5)
(3.1%)
(657.5)
(3.1%)
(681.0)
(3.1%)
(703.0)
(3.1%)
(723.1)
(3.1%)
(741.1)
(3.1%)
(82.1)
(0.9%)
178.6
2.1%
23.4
0.2%
43.3
0.3%
(73.5)
(0.5%)
(1.4)
(0.0%)
(1.6)
(0.0%)
(1.6)
(0.0%)
(1.7)
(0.0%)
(1.8)
(0.0%)
(1.8)
(0.0%)
(1.9)
(0.0%)
(2.0)
(0.0%)
(2.0)
(0.0%)
(2.1)
(0.0%)
(2.2)
(0.0%)
Free Cash Flow to Firm (FCFF)
% of revenue
35.1
0.4%
351.3
4.0%
384.2
3.0%
366.0
2.4%
574.7
3.9%
414.5
2.6%
458.1
2.6%
480.3
2.6%
497.3
2.6%
520.5
2.6%
542.9
2.6%
564.3
2.6%
584.5
2.6%
603.3
2.6%
620.6
2.6%
636.1
2.6%
% of FCFF used in calculation
10.1%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Discount period
0.50
1.50
2.50
3.50
4.50
5.50
6.50
7.50
8.50
9.50
Discount factor
0.97
0.90
0.85
0.79
0.74
0.69
0.65
0.60
0.57
0.53
Discounted FCFF (DFCFF)
40.6
414.2
406.1
393.2
384.8
375.3
364.8
353.3
341.0
328.0

Best stock ideas on the market right now

With Value Sense, you can find undervalued stocks list with intrinsic value. Discover more stock market investment ideas.

CASY DCF Value

DCF Value Calculation

as of Mar 24, 2025
Sum of DFCFF
% share of EV
3,401.3M
31.0%
Terminal Value (TV)
14.3B
Discounted TV
% share of EV
7,569.6M
69.0%
Total Debt
1,728.9M
9,448.6M
Shares outstanding
37.1M
FX rate
1.0
38.3% overvalued

Equity Value Bridge

CASY DCF Financials

Revenue
$14.9B -> $23.6B 4.7% CAGR
Operating Income
$1,072.4M -> $1,062.7M (0.1%) CAGR
FCFF
$574.7M -> $620.6M 0.8% CAGR

CASY DCF sensitivity

DCF value
Long-term Terminal growth rate
1.5%
2.0%
2.5%
3.0%
3.5%
WACC
6.0%
$274.0
$279.0
$279.0
$279.0
$279.0
6.5%
$241.0
$262.0
$271.0
$271.0
$271.0
6.9%
$217.0
$234.0
$255.0
$264.0
$264.0
7.5%
$192.0
$205.0
$221.0
$240.0
$256.0
8.0%
$173.0
$183.0
$196.0
$211.0
$229.0
DCF value, undervalued / overvalued
Long-term Terminal growth rate
1.5%
2.0%
2.5%
3.0%
3.5%
WACC
6.0%
(34.0%)
(32.0%)
(32.0%)
(32.0%)
(32.0%)
6.5%
(42.0%)
(36.0%)
(34.0%)
(34.0%)
(34.0%)
6.9%
(47.0%)
(43.0%)
(38.0%)
(36.0%)
(36.0%)
7.5%
(53.0%)
(50.0%)
(46.0%)
(42.0%)
(38.0%)
8.0%
(58.0%)
(56.0%)
(52.0%)
(49.0%)
(44.0%)

Explore more intrinsic value tools hub for CASY

FAQ

What is Casey's General Stores, Inc. DCF (discounted cash flow) valuation?

As of Mar 24, 2025, Casey's General Stores, Inc.'s Discounted Cash Flow (DCF) valuation estimates its share price at $254.5. This suggests it may be overvalued by (38.3%) compared to its current price of around $412.5, using a WACC of 6.9% and growth rates of 2.5%.

What is Casey's General Stores, Inc. WACC?

As of Mar 24, 2025, Casey's General Stores, Inc.'s Weighted Average Cost of Capital (WACC) is approximately 6.9%.

What is Casey's General Stores, Inc. Enterprise Value?

As of Mar 24, 2025, Casey's General Stores, Inc.'s Enterprise Value (EV) is approximately $11.0B. This value reflects the company's total market capitalization plus debt, minus cash and cash equivalents, providing a comprehensive measure of its overall value in the market.