TGM's two-stage DCF values International Money Express, Inc. (IMXI) between $8.50 and $15.68 depending on assumptions, with a base case of $11.02. Growth is taken from the company's own record (5-year revenue CAGR), fading to 2.5% long-run; the discount rate (8%) reflects its beta.
What would today's price require?
$12.18 is justified only if free cash flow grows about +4.4% a year (fading to 2.5% long-run) at a 8% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.5%/yr | 9.0% | $8.50 |
| Base case | 2.2%/yr | 8.0% | $11.02 |
| Optimistic | 5.2%/yr | 7.0% | $15.68 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $37.36 | |
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
$12.18
Market-Implied Growth
+4.4%/yr
vs +2.2% 5Y actual
Model Scenario Range
$8.50 – $15.68
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 IMXI (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 $19.5M · 0.03B shares · net debt $26.1M
Estimated Fair Value
$11.02
-9.5% vs $12.18
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 2.2%/yr FCF growth and 10-year horizon fixed. Green = above today's $12.18; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.0% | $14.17 | $15.76 | $17.81 | $20.53 | $24.35 |
| 7.0% | $11.42 | $12.43 | $13.66 | $15.20 | $17.17 |
| 8.0% | $9.53 | $10.21 | $11.02 | $11.99 | $13.18 |
| 9.0% | $8.13 | $8.63 | $9.20 | $9.86 | $10.64 |
| 10.0% | $7.07 | $7.44 | $7.86 | $8.33 | $8.88 |
