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DCF Valuation
Base-case fair value
$17045284230.66
Intrinsic $22727045640.88 · 25% MOS
Current price: $35.28
Base-case summary
Our base-case DCF for Ryan Specialty Holdings, Inc. (RYAN) projects 10 years of free cash flow growth at 17.1% for years 1–5 and 8.6% for years 6–10, anchored to 17.1% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $617M in trailing free cash flow, this produces an intrinsic value of $22727045640.88 per share. A 25% safety margin gives a fair value of $17045284230.66, suggesting the stock is currently 48314297606% undervalued against the $35.28 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
$617M
Cash & equivalents
$155M
Total debt
$3.7B
Shares outstanding
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