TGM's two-stage DCF values The Joint Corp. (JYNT) between $6.08 and $8.79 depending on assumptions, with a base case of $7.03. Growth is taken from the company's own record (5-year revenue CAGR (FCF growth too volatile to use) (floored at 2%)), fading to 2.5% long-run; the discount rate (9.4%) reflects its beta.
What would today's price require?
$7.20 is justified only if free cash flow grows about +2.7% a year (fading to 2.5% long-run) at a 9.4% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.5%/yr | 10.4% | $6.08 |
| Base case | 2.0%/yr | 9.4% | $7.03 |
| Optimistic | 5.0%/yr | 8.4% | $8.79 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $2.60 | |
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
$7.20
Market-Implied Growth
+2.7%/yr
vs -3.6% 5Y actual
Model Scenario Range
$6.08 – $8.79
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 JYNT (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 $5.3M · 0.01B shares · net cash $23.6M
Estimated Fair Value
$7.03
-2.3% vs $7.20
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 $7.20; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 7.4% | $8.15 | $8.64 | $9.22 | $9.94 | $10.84 |
| 8.4% | $7.21 | $7.55 | $7.94 | $8.41 | $8.98 |
| 9.4% | $6.50 | $6.75 | $7.03 | $7.36 | $7.74 |
| 10.4% | $5.96 | $6.14 | $6.36 | $6.60 | $6.87 |
| 11.4% | $5.52 | $5.67 | $5.83 | $6.01 | $6.21 |
