TGM's two-stage DCF values Broadridge Financial Solutions, Inc. (BR) between $115.91 and $228.45 depending on assumptions, with a base case of $161.07. Growth is taken from the company's own record (5-year revenue CAGR (FCF growth too volatile to use)), fading to 2.5% long-run; the discount rate (8.6%) reflects its beta.
What would today's price require?
$168.41 is justified only if free cash flow grows about +9.3% a year (fading to 2.5% long-run) at a 8.6% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 5.4%/yr | 9.6% | $115.91 |
| Base case | 8.4%/yr | 8.6% | $161.07 |
| Optimistic | 11.4%/yr | 7.6% | $228.45 |
| Third-party model estimate (FMP) | independent reference · retrieved Aug 4, 2026 · assumptions not provided | $218.08 | |
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
$168.41
Market-Implied Growth
+9.3%/yr
vs +18.8% 5Y actual
Model Scenario Range
$115.91 – $228.45
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 BR (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 $999.8M · 0.12B shares · net debt $2.9B
Estimated Fair Value
$161.07
-4.4% vs $168.41
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 8.4%/yr FCF growth and 10-year horizon fixed. Green = above today's $168.41; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.6% | $207 | $228 | $255 | $289 | $334 |
| 7.6% | $167 | $182 | $199 | $219 | $245 |
| 8.6% | $139 | $149 | $161 | $175 | $191 |
| 9.6% | $118 | $126 | $134 | $144 | $155 |
| 10.6% | $102 | $108 | $114 | $121 | $129 |
