Why we don't show a single “fair value” for INOD
Even the optimistic scenario of a conservative trailing-FCF model ($13.29) sits far below today's price — the market is paying for growth and durability beyond what this model structure captures. Off today's cash-flow base, no plausible growth rate bridges to the current price — the market is valuing normalized future cash flows, not the depressed base. The model scenarios below are shown for reference only.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 15.0%/yr | 12.5% | $9.50 |
| Base case | 18.0%/yr | 11.5% | $11.29 |
| Optimistic | 20.0%/yr | 10.5% | $13.29 |
Current Price
$67.24
Market-Implied Growth
N/A
Base-Case Model Value
$11.29
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 INOD (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 $13.8M · 0.03B shares · net cash $82.2M
Estimated Fair Value
$11.29
-83.2% vs $67.24
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 18.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $67.24; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 9.5% | $12.84 | $13.41 | $14.05 | $14.80 | $15.67 |
| 10.5% | $11.58 | $12.01 | $12.49 | $13.04 | $13.67 |
| 11.5% | $10.58 | $10.91 | $11.29 | $11.70 | $12.17 |
| 12.5% | $9.76 | $10.03 | $10.32 | $10.65 | $11.01 |
| 13.5% | $9.09 | $9.31 | $9.54 | $9.80 | $10.08 |
