TGM's two-stage DCF values Cirrus Logic, Inc. (CRUS) between $136.30 and $219.54 depending on assumptions, with a base case of $170.79. Growth is taken from the company's own record (blend of 5-year revenue and FCF growth), fading to 2.5% long-run; the discount rate (9.9%) reflects its beta.
What would today's price require?
$116.48 is justified only if free cash flow grows about +0.5% a year (fading to 2.5% long-run) at a 9.9% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 8.1%/yr | 10.9% | $136.30 |
| Base case | 11.1%/yr | 9.9% | $170.79 |
| Optimistic | 14.1%/yr | 8.9% | $219.54 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 11, 2026 · assumptions not provided | $161.26 | |
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
$116.48
Market-Implied Growth
+0.5%/yr
vs +14.4% 5Y actual
Model Scenario Range
$136.30 – $219.54
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 CRUS (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 $399.8M · 0.05B shares · net cash $781.1M
Estimated Fair Value
$170.79
+46.6% vs $116.48
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 11.1%/yr FCF growth and 10-year horizon fixed. Green = above today's $116.48; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 7.9% | $203 | $216 | $231 | $250 | $273 |
| 8.9% | $176 | $185 | $196 | $209 | $224 |
| 9.9% | $156 | $163 | $171 | $180 | $190 |
| 10.9% | $140 | $145 | $151 | $158 | $166 |
| 11.9% | $127 | $131 | $136 | $141 | $147 |
