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DCF Valuation
Base-case fair value
$15.67
Intrinsic $20.89 · 25% MOS
Current price: $10.27
Base-case summary
Our base-case DCF for UiPath, Inc. (PATH) projects 10 years of free cash flow growth at 8.8% for years 1–5 and 4.4% for years 6–10, anchored to 8.8% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $375M in trailing free cash flow, this produces an intrinsic value of $20.89 per share. A 25% safety margin gives a fair value of $15.67, suggesting the stock is currently 53% undervalued against the $10.27 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
$375M
Cash & equivalents
$1.3B
Total debt
$83M
Shares outstanding
528M