DCF Valuation
Base-case fair value
$51.21
Intrinsic $68.28 · 25% MOS
Current price: $11.55
Base-case summary
Our base-case DCF for Public Policy Holding Company, Inc. (PPHC) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 23.1% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $25M in trailing free cash flow, this produces an intrinsic value of $68.28 per share. A 25% safety margin gives a fair value of $51.21, suggesting the stock is currently 343% undervalued against the $11.55 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
$25M
Cash & equivalents
$20M
Total debt
$78M
Shares outstanding
17M