TGM's two-stage DCF values Limbach Holdings, Inc. (LMB) between $34.39 and $55.43 depending on assumptions, with a base case of $43.27. Growth is taken from the company's own record (5-year revenue CAGR), fading to 2.5% long-run; the discount rate (11%) reflects its beta.
What would today's price require?
$49.10 is justified only if free cash flow grows about +8.5% a year (fading to 2.5% long-run) at a 11% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 2.3%/yr | 12.0% | $34.39 |
| Base case | 5.3%/yr | 11.0% | $43.27 |
| Optimistic | 8.3%/yr | 10.0% | $55.43 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 5, 2026 · assumptions not provided | $30.75 | |
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
$49.10
Market-Implied Growth
+8.5%/yr
vs +5.3% 5Y actual
Model Scenario Range
$34.39 – $55.43
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 LMB (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 $38.1M · 0.01B shares · net cash $1.7M
Estimated Fair Value
$43.27
-11.9% vs $49.10
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.3%/yr FCF growth and 10-year horizon fixed. Green = above today's $49.10; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 9.0% | $50.73 | $53.56 | $56.81 | $60.61 | $65.09 |
| 10.0% | $44.63 | $46.75 | $49.14 | $51.87 | $55.01 |
| 11.0% | $39.83 | $41.46 | $43.27 | $45.31 | $47.62 |
| 12.0% | $35.95 | $37.23 | $38.65 | $40.22 | $41.97 |
| 13.0% | $32.74 | $33.78 | $34.91 | $36.15 | $37.52 |
