Why we don't show a single “fair value” for LIVE
Even the conservative scenario ($39.78) sits far above today's price — trailing cash flows may be cyclically elevated. The honest lens is the question below: what growth does today's price actually require? The model scenarios are listed further down for reference.
What would today's price require?
$7.56 is justified only if free cash flow grows about -9.3% a year (fading to 2.5% long-run) at a 9.2% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 7.5%/yr | 10.2% | $39.78 |
| Base case | 10.5%/yr | 9.2% | $62.42 |
| Optimistic | 13.5%/yr | 8.2% | $95.28 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $54.47 | |
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
$7.56
Market-Implied Growth
-9.3%/yr
vs +10.5% 5Y actual
Base-Case Model Value
$62.42
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 LIVE (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 $14.1M · 0.00B shares · net debt $106.9M
Estimated Fair Value
$62.42
+725.7% vs $7.56
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 10.5%/yr FCF growth and 10-year horizon fixed. Green = above today's $7.56; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 7.2% | $84.30 | $94.00 | $106 | $120 | $139 |
| 8.2% | $65.74 | $72.42 | $80.27 | $89.61 | $101 |
| 9.2% | $52.04 | $56.87 | $62.42 | $68.86 | $76.42 |
| 10.2% | $41.51 | $45.14 | $49.24 | $53.91 | $59.26 |
| 11.2% | $33.18 | $35.99 | $39.12 | $42.62 | $46.58 |
