DCF Valuation
Base-case fair value
$112.30
Intrinsic $149.73 · 25% MOS
Base-case summary
Our base-case DCF for La-Z-Boy Inc (LZB) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 121.0% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $128M in trailing free cash flow, this produces an intrinsic value of $149.73 per share. A 25% safety margin gives a fair value of $112.30.
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
$128M
Cash & equivalents
$303M
Total debt
$564M
Shares outstanding
41M