Why we don't show a single “fair value” for ZYBT
Even the optimistic scenario of a conservative trailing-FCF model ($0.51) sits far below today's price — the market is paying for growth and durability beyond what this model structure captures. 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?
$1.11 is justified only if free cash flow grows about +28.2% a year (fading to 2.5% long-run) at a 7.5% required return.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.5%/yr | 8.5% | $0.24 |
| Base case | 2.0%/yr | 7.5% | $0.33 |
| Optimistic | 5.0%/yr | 6.5% | $0.51 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $0.38 | |
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
$1.11
Market-Implied Growth
+28.2%/yr
Base-Case Model Value
$0.33
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 ZYBT (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 $959185 · 0.05B shares · net debt $3.5M
Estimated Fair Value
$0.33
-70.0% vs $1.11
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 2.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $1.11; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 5.5% | $0.45 | $0.52 | $0.60 | $0.72 | $0.90 |
| 6.5% | $0.35 | $0.39 | $0.43 | $0.50 | $0.58 |
| 7.5% | $0.28 | $0.30 | $0.33 | $0.37 | $0.42 |
| 8.5% | $0.23 | $0.24 | $0.27 | $0.29 | $0.32 |
| 9.5% | $0.19 | $0.20 | $0.22 | $0.23 | $0.25 |
