DCF Valuation
Base-case fair value
$10.22
Intrinsic $13.63 · 25% MOS
Base-case summary
Our base-case DCF for Harrow, Inc. (HROW) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 34.1% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $14M in trailing free cash flow, this produces an intrinsic value of $13.63 per share. A 25% safety margin gives a fair value of $10.22.
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
$14M
Cash & equivalents
$95M
Total debt
$309M
Shares outstanding
37M