DCF Valuation
Base-case fair value
$28.44
Intrinsic $37.92 · 25% MOS
Base-case summary
Our base-case DCF for Leatt Corp (LEAT) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 22.5% historical FCF growth, 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 $37.92 per share. A 25% safety margin gives a fair value of $28.44.
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
$803893
Shares outstanding
6M