TGM's two-stage DCF values Broadridge Financial Solutions, Inc. (BR) between $113.92 and $223.39 depending on assumptions, with a base case of $157.98. 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 (8.7%) reflects its beta.
What would today's price require?
$163.13 is justified only if free cash flow grows about +9.1% a year (fading to 2.5% long-run) at a 8.7% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 5.4%/yr | 9.7% | $113.92 |
| Base case | 8.4%/yr | 8.7% | $157.98 |
| Optimistic | 11.4%/yr | 7.7% | $223.39 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 13, 2026 · assumptions not provided | $183.53 | |
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
$163.13
Market-Implied Growth
+9.1%/yr
vs +19.5% 5Y actual
Model Scenario Range
$113.92 – $223.39
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
$157.98
-3.2% vs $163.13
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 $163.13; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.7% | $202 | $222 | $248 | $280 | $322 |
| 7.7% | $164 | $178 | $194 | $214 | $238 |
| 8.7% | $137 | $147 | $158 | $171 | $187 |
| 9.7% | $117 | $124 | $132 | $141 | $152 |
| 10.7% | $100 | $106 | $112 | $119 | $127 |