Bill.com Holdings, Inc. (BILL) DCF Valuation
Transparent DCF models put Bill.com Holdings, Inc. (BILL)'s fair value in a range of $22.64 – $94.53 — the low end is TGM's conservative base case (5% FCF growth, 10% discount), the high end the analyst consensus (FMP). Today's price of $34.09 sits within that range — roughly fairly valued on these assumptions.
Reverse DCF: at today's $34.09, the market is pricing in roughly +9.6%/yr free-cash-flow growth over the next decade (at a 10% required return) — versus its actual 3-year FCF CAGR of +77.3%. The price assumes a slowdown from its track record — a potential value signal if growth holds.
Current Price
$34.09
Fair-Value Range
$22.64 – $94.53
Market-Implied Growth
+9.6%/yr
vs +77.3% 5Y actual
BILL DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.
Base inputs: FCF $172.6M · 0.10B shares · net debt $574.5M
Estimated Fair Value
$22.64
-33.6% vs $34.09
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $34.09; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.0% | $29.54 | $31.35 | $33.49 | $36.06 | $39.20 |
| 9.0% | $24.56 | $25.80 | $27.22 | $28.89 | $30.86 |
| 10.0% | $20.76 | $21.65 | $22.64 | $23.78 | $25.10 |
| 11.0% | $17.78 | $18.43 | $19.15 | $19.96 | $20.88 |
| 12.0% | $15.38 | $15.86 | $16.40 | $16.99 | $17.66 |