TGM's two-stage DCF values Tapestry, Inc. (TPR) between $72.55 and $121.28 depending on assumptions, with a base case of $93.18. 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 (11.2%) reflects its beta.
What would today's price require?
$110.56 is justified only if free cash flow grows about +17.6% a year (fading to 2.5% long-run) at a 11.2% required return — about in line with its track record.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 10.4%/yr | 12.2% | $72.55 |
| Base case | 13.4%/yr | 11.2% | $93.18 |
| Optimistic | 16.4%/yr | 10.2% | $121.28 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 13, 2026 · assumptions not provided | $49.58 | |
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
$110.56
Market-Implied Growth
+17.6%/yr
vs +16.7% 5Y actual
Model Scenario Range
$72.55 – $121.28
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 TPR (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 $1.1B · 0.20B shares · net debt $1.4B
Estimated Fair Value
$93.18
-15.7% vs $110.56
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 13.4%/yr FCF growth and 10-year horizon fixed. Green = above today's $110.56; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 9.2% | $111 | $118 | $125 | $134 | $145 |
| 10.2% | $96.48 | $101 | $107 | $114 | $121 |
| 11.2% | $85.00 | $88.87 | $93.18 | $98.01 | $103 |
| 12.2% | $75.70 | $78.77 | $82.14 | $85.88 | $90.04 |
| 13.2% | $68.03 | $70.50 | $73.20 | $76.16 | $79.41 |