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DCF Valuation
Base-case fair value
$110.17
Intrinsic $146.89 · 25% MOS
Current price: $26.77
Base-case summary
Our base-case DCF for Blackbaud Inc (BLKB) projects 10 years of free cash flow growth at 8.7% for years 1–5 and 4.4% for years 6–10, anchored to 8.7% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $307M in trailing free cash flow, this produces an intrinsic value of $146.89 per share. A 25% safety margin gives a fair value of $110.17, suggesting the stock is currently 312% undervalued against the $26.77 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$307M
Cash & equivalents
$34M
Total debt
$1.2B
Shares outstanding
46M