TGM's two-stage DCF values Research Solutions, Inc. (RSSS) between $2.77 and $4.90 depending on assumptions, with a base case of $3.60. 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 (7.9%) reflects its beta.
What would today's price require?
$2.04 is justified only if free cash flow grows about -6.6% a year (fading to 2.5% long-run) at a 7.9% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 5.8%/yr | 8.9% | $2.77 |
| Base case | 8.8%/yr | 7.9% | $3.60 |
| Optimistic | 11.8%/yr | 6.9% | $4.90 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $6.24 | |
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
$2.04
Market-Implied Growth
-6.6%/yr
vs +8.8% 5Y actual
Model Scenario Range
$2.77 – $4.90
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 RSSS (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 $4.4M · 0.03B shares · net cash $12.6M
Estimated Fair Value
$3.60
+76.7% vs $2.04
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 8.8%/yr FCF growth and 10-year horizon fixed. Green = above today's $2.04; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 5.9% | $4.50 | $4.97 | $5.56 | $6.37 | $7.50 |
| 6.9% | $3.72 | $4.01 | $4.36 | $4.81 | $5.38 |
| 7.9% | $3.18 | $3.37 | $3.60 | $3.88 | $4.22 |
| 8.9% | $2.78 | $2.92 | $3.08 | $3.27 | $3.50 |
| 9.9% | $2.48 | $2.59 | $2.71 | $2.84 | $3.00 |
