CROX
Crocs, Inc. (CROX)
Last Price$98.3(2.7%)
Market Cap$5,702.2M
DCF value
$221.6
Undervalued (DCF value)
125.4%
Discount Rate
11.3%
Long-Term Growth Rate
2.5%
Stock quality
7/10
Great

CROX DCF Model

Free Cash Flow to Firm Model
NOPAT Model
Free Cash Flow to Equity Model
Net Income Model
Millions
Billions
Dec'20 ActualDec'21 ActualDec'22 ActualDec'23 ActualDec'24 ActualDec'25 EstimateDec'26 EstimateDec'27 EstimateDec'28 EstimateDec'29 EstimateDec'30 EstimateDec'31 EstimateDec'32 EstimateDec'33 EstimateDec'34 EstimateDec'35 Terminal
% growth
1,386.0
12.6%
2,313.4
66.9%
3,555.0
53.7%
3,962.3
11.5%
4,102.1
3.5%
4,185.7
2.0%
4,344.5
3.8%
4,422.2
1.8%
4,583.8
3.7%
4,692.1
2.4%
4,804.0
2.4%
4,919.7
2.4%
5,039.4
2.4%
5,163.0
2.5%
5,290.9
2.5%
5,423.2
2.5%
214.1
15.4%
683.1
29.5%
850.8
23.9%
1,046.5
26.4%
1,021.9
24.9%
1,006.2
24.0%
1,044.3
24.0%
1,063.0
24.0%
1,101.9
24.0%
1,127.9
24.0%
1,154.8
24.0%
1,182.6
24.0%
1,211.4
24.0%
1,241.1
24.0%
1,271.9
24.0%
1,303.7
24.0%
NOPAT
% effective tax rate
323.7
23.4%
746.7
32.3%
639.6
18.0%
946.5
23.9%
1,066.2
26.0%
1,049.8
25.1%
1,089.6
25.1%
1,109.1
25.1%
1,149.7
25.1%
1,176.8
25.1%
1,204.9
25.1%
1,233.9
25.1%
1,263.9
25.1%
1,294.9
25.1%
1,327.0
25.1%
1,360.2
25.1%
% of revenue
27.6
2.0%
32.0
1.4%
39.2
1.1%
54.3
1.4%
0.0
0.0%
34.5
0.8%
35.8
0.8%
36.5
0.8%
37.8
0.8%
38.7
0.8%
39.6
0.8%
40.6
0.8%
41.6
0.8%
42.6
0.8%
43.6
0.8%
44.7
0.8%
% of revenue
(42.0)
(3.0%)
(55.9)
(2.4%)
(104.2)
(2.9%)
(115.6)
(2.9%)
(69.3)
(1.7%)
(105.2)
(2.5%)
(109.2)
(2.5%)
(111.1)
(2.5%)
(115.2)
(2.5%)
(117.9)
(2.5%)
(120.7)
(2.5%)
(123.6)
(2.5%)
(126.6)
(2.5%)
(129.8)
(2.5%)
(133.0)
(2.5%)
(136.3)
(2.5%)
132.4
9.6%
(44.5)
(1.9%)
(91.7)
(2.6%)
366.5
9.3%
68.4
1.7%
116.4
2.8%
120.8
2.8%
122.9
2.8%
127.4
2.8%
130.4
2.8%
133.5
2.8%
136.8
2.8%
140.1
2.8%
143.5
2.8%
147.1
2.8%
150.8
2.8%
Free Cash Flow to Firm (FCFF)
% of revenue
441.6
31.9%
678.2
29.3%
482.9
13.6%
1,251.7
31.6%
1,065.3
26.0%
1,095.5
26.2%
1,137.0
26.2%
1,157.4
26.2%
1,199.7
26.2%
1,228.0
26.2%
1,257.3
26.2%
1,287.6
26.2%
1,318.9
26.2%
1,351.3
26.2%
1,384.7
26.2%
1,419.4
26.2%
% of FCFF used in calculation
80.8%
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
0.95
0.85
0.76
0.69
0.62
0.55
0.50
0.45
0.40
0.36
Discounted FCFF (DFCFF)
839.1
967.8
884.8
823.7
757.3
696.4
640.5
589.2
542.2
499.0

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.

CROX DCF Value

DCF Value Calculation

as of Mar 11, 2025
Sum of DFCFF
% share of EV
7,239.9M
55.6%
Terminal Value (TV)
16.1B
Discounted TV
% share of EV
5,785.2M
44.4%
Total Debt
352.0M
Shares outstanding
58.0M
FX rate
1.0
125.4% undervalued

Equity Value Bridge

CROX DCF Financials

Revenue
$4,102.1M -> $5,290.9M 2.6% CAGR
Operating Income
$1,021.9M -> $1,271.9M 2.2% CAGR
FCFF
$1,065.3M -> $1,384.7M 2.7% CAGR

CROX DCF sensitivity

DCF value
Long-term Terminal growth rate
1.5%
2.0%
2.5%
3.0%
3.5%
WACC
10.0%
$245.0
$253.0
$261.0
$270.0
$281.0
10.5%
$232.0
$238.0
$245.0
$253.0
$262.0
11.3%
$211.0
$216.0
$222.0
$228.0
$234.0
11.5%
$208.0
$213.0
$218.0
$223.0
$230.0
12.0%
$198.0
$202.0
$206.0
$211.0
$217.0
DCF value, undervalued / overvalued
Long-term Terminal growth rate
1.5%
2.0%
2.5%
3.0%
3.5%
WACC
10.0%
149.0%
157.0%
165.0%
175.0%
186.0%
10.5%
136.0%
142.0%
149.0%
157.0%
166.0%
11.3%
115.0%
120.0%
126.0%
132.0%
138.0%
11.5%
112.0%
117.0%
122.0%
127.0%
134.0%
12.0%
101.0%
105.0%
110.0%
115.0%
121.0%

Explore more intrinsic value tools hub for CROX

FAQ

What is Crocs, Inc. DCF (discounted cash flow) valuation?

As of Mar 11, 2025, Crocs, Inc.'s Discounted Cash Flow (DCF) valuation estimates its share price at $221.6. This suggests it may be undervalued by 125.4% compared to its current price of around $98.3, using a WACC of 11.3% and growth rates of 2.5%.

What is Crocs, Inc. WACC?

As of Mar 11, 2025, Crocs, Inc.'s Weighted Average Cost of Capital (WACC) is approximately 11.3%.

What is Crocs, Inc. Enterprise Value?

As of Mar 11, 2025, Crocs, Inc.'s Enterprise Value (EV) is approximately $13.0B. 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.