TGM's two-stage DCF values Tactile Systems Technology, Inc. (TCMD) between $34.79 and $62.16 depending on assumptions, with a base case of $45.59. 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 (8.1%) reflects its beta.
What would today's price require?
$22.19 is justified only if free cash flow grows about -7.2% a year (fading to 2.5% long-run) at a 8.1% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 8.6%/yr | 9.1% | $34.79 |
| Base case | 11.6%/yr | 8.1% | $45.59 |
| Optimistic | 14.6%/yr | 7.1% | $62.16 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $60.03 | |
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
$22.19
Market-Implied Growth
-7.2%/yr
vs +11.6% 5Y actual
Model Scenario Range
$34.79 – $62.16
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 TCMD (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 $35.8M · 0.02B shares · net cash $70.7M
Estimated Fair Value
$45.59
+105.5% vs $22.19
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 11.6%/yr FCF growth and 10-year horizon fixed. Green = above today's $22.19; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.1% | $57.13 | $62.90 | $70.28 | $80.02 | $93.50 |
| 7.1% | $47.09 | $50.77 | $55.24 | $60.80 | $67.89 |
| 8.1% | $40.11 | $42.63 | $45.59 | $49.13 | $53.44 |
| 9.1% | $34.98 | $36.79 | $38.88 | $41.31 | $44.16 |
| 10.1% | $31.05 | $32.41 | $33.95 | $35.70 | $37.71 |
