PLOW (Douglas Dynamics) Intrinsic Value: Projected FCF: $22.68 (As of Sep. 10, 2026)

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PLOW Douglas Dynamics Inc PLOW
77 GF Score
Price $40.62
GF Value $34.53
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Douglas Dynamics Intrinsic Value: Projected FCF?

Douglas Dynamics PLOW -1.00% 77 Intrinsic Value: Projected FCF is $22.68 as of Sep. 10, 2026. GuruFocus rates PLOW with a GF Score™ of 77/100 and a GF Value™ of $34.53 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 939 Vehicles & Parts companies, Douglas Dynamics ranks worse than 70.07% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-10), Douglas Dynamics's Intrinsic Value: Projected FCF is $22.68. The stock price of Douglas Dynamics is $40.62. Therefore, Douglas Dynamics's Price-to-Intrinsic-Value-Projected-FCF of today is 1.8.

The historical rank and industry rank for Douglas Dynamics's Intrinsic Value: Projected FCF or its related term are showing as below:

PLOW' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.78   Med: 1.17   Max: 2.38
Current: 1.79

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Douglas Dynamics was 2.38. The lowest was 0.78. And the median was 1.17.

PLOW's Price-to-Projected-FCF is ranked worse than
70.07% of 939 companies
in the Vehicles & Parts industry
Industry Median: 0.93 vs PLOW: 1.79

Douglas Dynamics  (NYSE:PLOW) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Douglas Dynamics's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=40.62/22.682771848801
=1.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Douglas Dynamics Intrinsic Value: Projected FCF Related Terms


Douglas Dynamics Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Douglas Dynamics's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Douglas Dynamics Intrinsic Value: Projected FCF Chart

Douglas Dynamics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.64 31.26 27.75 27.65 29.56

Douglas Dynamics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.47 21.86 29.56 23.09 22.68

PLOW vs FOXF, SMP, THRM: Intrinsic Value: Projected FCF Comparison

For the Auto Parts subindustry, Douglas Dynamics's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Douglas Dynamics Price-to-Projected-FCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Douglas Dynamics's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Douglas Dynamics's Price-to-Projected-FCF falls into.


PLOW
77GF Score
Douglas Dynamics Inc PLOW
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Douglas Dynamics Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Douglas Dynamics's Free Cash Flow(6 year avg) = $31.02.

Douglas Dynamics's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*31.024+299.659*0.8)/23.590
=22.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of $22.68 mean?
Douglas Dynamics (PLOW) has a Intrinsic Value: Projected FCF of $22.68 as of Sep. 10, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Douglas Dynamics and its competitors. According to the industry distribution chart, Douglas Dynamics ranks #658 out of 939 companies in the Vehicles & Parts industry, placing it in the top 70.1%.
Is Douglas Dynamics' Intrinsic Value: Projected FCF too high?
Douglas Dynamics' current Intrinsic Value: Projected FCF is $22.68. The Vehicles & Parts industry median Intrinsic Value: Projected FCF is 0.93. Douglas Dynamics' value of $22.68 is 2338.7% above this industry median. Based on the distribution chart, Douglas Dynamics ranks #658 out of 939 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Douglas Dynamics has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Douglas Dynamics' Intrinsic Value: Projected FCF compare to FOXF and SMP?
According to the Vehicles & Parts industry distribution chart, Douglas Dynamics ranks #658 out of 939 companies for Intrinsic Value: Projected FCF. This places Douglas Dynamics in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.93. Douglas Dynamics' value of $22.68 is 2338.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Vehicles & Parts company?
The median Intrinsic Value: Projected FCF among Vehicles & Parts companies is 0.93, based on 939 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Douglas Dynamics's current Intrinsic Value: Projected FCF of $22.68 is 2338.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Douglas Dynamics and its competitors. For the Vehicles & Parts industry, the median Intrinsic Value: Projected FCF is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Douglas Dynamics's current Intrinsic Value: Projected FCF is $22.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Douglas Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Douglas Dynamics (PLOW) is currently considered Modestly Overvalued. The stock's GF Value™ is $34.53, compared to a current price of $40.62 — trading 17.6% above its estimated fair value. The current Intrinsic Value: Projected FCF is $22.68 and 2338.7% above the Vehicles & Parts industry median of 0.93. Douglas Dynamics' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Douglas Dynamics (PLOW), the current Intrinsic Value: Projected FCF is $22.68 as of Sep. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Douglas Dynamics (PLOW) Overvalued in 2026?

Based on GuruFocus' analysis, Douglas Dynamics stock appears to be overvalued. The current stock price of $40.62 is trading 17.6% above its estimated GF Value™ of $34.53. GuruFocus considers Douglas Dynamics to be Modestly Overvalued.

Key valuation signals for PLOW:

  • Intrinsic Value: Projected FCF: $22.68
  • GF Value™: $34.53 vs. price of $40.62 (17.6% above fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 2338.7% above the Vehicles & Parts median (#658 of 939)

No single metric tells the full story. See the PLOW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Douglas Dynamics Business Description

Other Exchanges 5D4:Germany
Address 11270 West Park Place, Suite 300, Milwaukee, WI, USA, 53224
Douglas Dynamics Inc is a manufacturer and upfitter of commercial vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX, and WESTERN brands, turf care equipment under the TURFEX brand, and industrial maintenance equipment under the SWEEPEX brand. The Company's portfolio also includes the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. The Company also leases fifteen manufacturing upfit and service facilities located in Iowa, Maryland, Missouri, New Jersey, New York, Ohio, Pennsylvania, and Rhode Island. The Company conducts business in two segments: Work Truck Attachments and Work Truck Solutions.
77GF Score

Get the complete analysis for PLOW

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.62
Price
$34.53
GF Value