DCF Valuation
Base-case fair value
$14.61
Intrinsic $19.48 · 25% MOS
Base-case summary
Our base-case DCF for Canterbury Park Holding Corp (CPHC) projects 10 years of free cash flow growth at 2.0% for years 1–5 and 1.0% for years 6–10, anchored to a default 8% growth assumption, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $5M in trailing free cash flow, this produces an intrinsic value of $19.48 per share. A 25% safety margin gives a fair value of $14.61.
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
$5M
Cash & equivalents
$17M
Total debt
$108499
Shares outstanding
5M