TGM's two-stage DCF values Barrett Business Services, Inc. (BBSI) between $21.90 and $36.11 depending on assumptions, with a base case of $27.62. Growth is taken from the company's own record (5-year revenue CAGR), fading to 2.5% long-run; the discount rate (8.7%) reflects its beta.
What would today's price require?
$31.28 is justified only if free cash flow grows about +10.3% a year (fading to 2.5% long-run) at a 8.7% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 3.8%/yr | 9.7% | $21.90 |
| Base case | 6.8%/yr | 8.7% | $27.62 |
| Optimistic | 9.8%/yr | 7.7% | $36.11 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $24.70 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$31.28
Market-Implied Growth
+10.3%/yr
vs +6.8% 5Y actual
Model Scenario Range
$21.90 – $36.11
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for BBSI (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $29.5M · 0.02B shares · net cash $95.0M
Estimated Fair Value
$27.62
-11.7% vs $31.28
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 6.8%/yr FCF growth and 10-year horizon fixed. Green = above today's $31.28; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.7% | $33.29 | $35.94 | $39.21 | $43.37 | $48.82 |
| 7.7% | $28.43 | $30.19 | $32.30 | $34.85 | $38.00 |
| 8.7% | $24.92 | $26.17 | $27.62 | $29.32 | $31.35 |
| 9.7% | $22.27 | $23.19 | $24.25 | $25.45 | $26.85 |
| 10.7% | $20.20 | $20.91 | $21.70 | $22.59 | $23.60 |
