TGM's two-stage DCF values eGain Corporation (EGAN) between $7.38 and $11.33 depending on assumptions, with a base case of $8.95. Growth is taken from the company's own record (blend of 5-year revenue and FCF growth), fading to 2.5% long-run; the discount rate (8.3%) reflects its beta.
What would today's price require?
$5.43 is justified only if free cash flow grows about -12.7% a year (fading to 2.5% long-run) at a 8.3% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 3.0%/yr | 9.3% | $7.38 |
| Base case | 6.0%/yr | 8.3% | $8.95 |
| Optimistic | 9.0%/yr | 7.3% | $11.33 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $11.97 | |
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
$5.43
Market-Implied Growth
-12.7%/yr
vs +8.8% 5Y actual
Model Scenario Range
$7.38 – $11.33
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 EGAN (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 $8.5M · 0.03B shares · net cash $72.1M
Estimated Fair Value
$8.95
+64.8% vs $5.43
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 6.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $5.43; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.3% | $10.56 | $11.35 | $12.34 | $13.64 | $15.39 |
| 7.3% | $9.17 | $9.68 | $10.29 | $11.05 | $12.01 |
| 8.3% | $8.18 | $8.54 | $8.95 | $9.44 | $10.04 |
| 9.3% | $7.45 | $7.71 | $8.00 | $8.35 | $8.74 |
| 10.3% | $6.89 | $7.08 | $7.30 | $7.55 | $7.83 |