TGM's two-stage DCF values Flexsteel Industries, Inc. (FLXS) between $90.68 and $163.98 depending on assumptions, with a base case of $115.48. Growth is taken from the company's own record (5-year revenue CAGR (floored at 2%)), fading to 2.5% long-run; the discount rate (7.5%) reflects its beta.
What would today's price require?
$86.47 is justified only if free cash flow grows about -4.7% a year (fading to 2.5% long-run) at a 7.5% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.5%/yr | 8.5% | $90.68 |
| Base case | 2.0%/yr | 7.5% | $115.48 |
| Optimistic | 5.0%/yr | 6.5% | $163.98 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $235.93 | |
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
$86.47
Market-Implied Growth
-4.7%/yr
vs -0.8% 5Y actual
Model Scenario Range
$90.68 – $163.98
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 FLXS (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 $30.4M · 0.01B shares · net cash $8.3M
Estimated Fair Value
$115.48
+33.6% vs $86.47
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 2.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $86.47; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 5.5% | $149 | $167 | $191 | $225 | $276 |
| 6.5% | $119 | $130 | $144 | $161 | $185 |
| 7.5% | $99.69 | $107 | $115 | $126 | $139 |
| 8.5% | $85.63 | $90.67 | $96.54 | $103 | $112 |
| 9.5% | $75.09 | $78.79 | $83.01 | $87.87 | $93.53 |
