TGM's two-stage DCF values The Hackett Group, Inc. (HCKT) between $17.78 and $33.38 depending on assumptions, with a base case of $24.08. 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 (8.8%) reflects its beta.
What would today's price require?
$10.71 is justified only if free cash flow grows about -12.4% a year (fading to 2.5% long-run) at a 8.8% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 1.0%/yr | 9.8% | $17.78 |
| Base case | 4.0%/yr | 8.8% | $24.08 |
| Optimistic | 7.0%/yr | 7.8% | $33.38 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $16.98 | |
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
$10.71
Market-Implied Growth
-12.4%/yr
vs -5.4% 5Y actual
Model Scenario Range
$17.78 – $33.38
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 HCKT (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 $38.5M · 0.03B shares · net debt $60.1M
Estimated Fair Value
$24.08
+124.9% vs $10.71
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 4.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $10.71; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.8% | $30.19 | $33.01 | $36.49 | $40.88 | $46.60 |
| 7.8% | $24.96 | $26.86 | $29.11 | $31.83 | $35.19 |
| 8.8% | $21.16 | $22.51 | $24.08 | $25.91 | $28.08 |
| 9.8% | $18.28 | $19.28 | $20.42 | $21.72 | $23.23 |
| 10.8% | $16.02 | $16.79 | $17.65 | $18.62 | $19.72 |
