TGM's two-stage DCF values Flywire Corp (FLYW) between $15.14 and $22.44 depending on assumptions, with a base case of $18.53. Growth is taken from the company's own record (5-year revenue CAGR (FCF growth too volatile to use) (capped at 18%)), fading to 2.5% long-run; the discount rate (10.6%) reflects its beta.
What would today's price require?
$18.13 is justified only if free cash flow grows about +17.3% a year (fading to 2.5% long-run) at a 10.6% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 15.0%/yr | 11.6% | $15.14 |
| Base case | 18.0%/yr | 10.6% | $18.53 |
| Optimistic | 20.0%/yr | 9.6% | $22.44 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $18.84 | |
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
$18.13
Market-Implied Growth
+17.3%/yr
vs +35.3% 5Y actual
Model Scenario Range
$15.14 – $22.44
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 FLYW (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 $82.6M · 0.12B shares · net cash $330.3M
Estimated Fair Value
$18.53
+2.2% vs $18.13
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 18.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $18.13; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.6% | $21.61 | $22.82 | $24.23 | $25.88 | $27.85 |
| 9.6% | $19.07 | $19.96 | $20.97 | $22.14 | $23.49 |
| 10.6% | $17.10 | $17.78 | $18.53 | $19.39 | $20.36 |
| 11.6% | $15.53 | $16.05 | $16.64 | $17.29 | $18.02 |
| 12.6% | $14.25 | $14.66 | $15.12 | $15.63 | $16.19 |
