DCF Valuation
Base-case fair value
$47.12
Intrinsic $62.83 · 25% MOS
Current price: $9.54
Base-case summary
Our base-case DCF for Phreesia, Inc. (PHR) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 79.2% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $76M in trailing free cash flow, this produces an intrinsic value of $62.83 per share. A 25% safety margin gives a fair value of $47.12, suggesting the stock is currently 394% undervalued against the $9.54 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
$76M
Cash & equivalents
$76M
Total debt
$14M
Shares outstanding
62M