Market Pulse55Neutral

Crocs, Inc.Opportunity Rank #34(CROX) Intrinsic Value & DCF Analysis (2026)

Current Price

$132.78

Last updated: Jul 13, 2026

Price vs Intrinsic Value

$132.78
Price
$243.24
Intrinsic Value
Undervalued by 83%MOS: $194.59

Fundamental Score

69/100
Bullish

Weighted across 6 signals

Narrative Score

55/100
Improving

No change vs previous

Trend Score

93/100
Strong

As of 2026-07-10

The intrinsic value of Crocs, Inc. (CROX) is estimated at $243.24 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $132.78, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 6.89% long-term growth rate and a 10.01% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of Crocs, Inc. (CROX) is estimated at $243.24 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $132.78, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 6.89% long-term growth rate and a 10.01% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$243.24
83.19% upside
20% margin of safety: $194.59
Years: 10Growth Rate: 6.89%
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Capital Efficiency

Average Quarterly ROIC
1.16%
Cost of Capital (estimated)10%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.

Fundamental Details

69/100
BullishWeighted across 6 signals
DCF Discount
83.2% discount to price
100
FCF Yield
11.8% trailing FCF yield
100
ROIC vs WACC
ROIC 1.2% vs WACC 10.0% (0.1x)
6
Net Debt / FCF
1.5x net debt to FCF
44
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
20.3% 5Y FCF CAGR
100
Strengths: DCF Discount, FCF Yield. Concerns: ROIC vs WACC.

Narrative Details

55/100
Improving
Vs 6-Month Baseline:Below Avg (23rd pct)Weighted across 5 recent drivers
Trend: StableConfidence: 90%Updated: 2d ago
Sources: 37 (29 News · 8 Analyst)
Drivers(last 30 days)
24 news sentiment+0.3
3 analyst upgrades+0.1
4 regulatory scrutiny+0.1
Upgrade headlines+0.0
5 analyst reiterations0.0

Trend Details

93/100
StrongAs of 2026-07-10309 daily bars used
Distance from 52-Week High0.0%
6M Relative Strength vs SPY+45.8%
3M Relative Strength vs SPY+19.2%
Price vs 21 EMA86 · +7.4%
Price vs 50 EMA93 · +14.0%
21 EMA vs 50 EMA88 · +6.1%
3M RS vs SPY96 · +19.2%
6M RS vs SPY99 · +45.8%
Distance from 52W High100 · 0.0%

Investment Coach

Updating... 32d ago
BUYConfidence: 62%
Thesis
Crocs, Inc. is undervalued with an estimated fair value 108% above its current price, supported by strong fundamentals including a healthy free cash flow yield of 12.8% and robust buyback activity. Despite trailing its cost of capital, the company shows promising cash flow growth and a solid fundamental score of 75, indicating potential for price appreciation.
Key Risk
The key risk is the negative spread between ROIC and WACC, which may indicate that the company is not generating sufficient returns above its cost of capital.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC vs WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 6.89%5 Year CAGR: 4.55%

Free Cash Flow (in millions)

TTM20252024202320222021202020192018201720162015201420132012201120102009200820072006
$778$762$1,062$1,046$707$623$309$127$126$111$62$28$45$152$189$184$149$88$139$83$41

How Intrinziq Estimates Fair Value

Intrinziq estimates Crocs, Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Crocs, Inc.Consumer Cyclical

Crocs, Inc., along with its affiliated entities, specializes in the design, development, production, promotion, and distribution of everyday footwear and accessories for men, women, and children. Operating under its well-known Crocs brand, the company provides a diverse range of footwear items, such as its signature clogs, sandals, slides, flip-flops, boots, flats, wedges, platforms, loafers, sneakers, and slippers. Complementing these are accessories like socks and shoe charms. Crocs distributes its merchandise across roughly 85 countries, utilizing multiple sales channels including wholesale partners, its own retail outlets, proprietary e-commerce platforms, and external online marketplaces. By December 31, 2021, its extensive retail network featured 193 outlet stores, 107 traditional retail locations, and an additional 373 company-operated stores, along with 73 kiosks and store-in-store concessions. Furthermore, Crocs managed 14 dedicated e-commerce websites. Geographically, the company's reach extends to the Americas, the Asia Pacific region, Europe, the Middle East, and Africa. Crocs, Inc. was established in 1999 and maintains its corporate headquarters in Broomfield, Colorado.