DCF Valuation
Base-case fair value
$145.13
Intrinsic $193.51 · 25% MOS
Base-case summary
Our base-case DCF for Tapestry, Inc. (TPR) projects 10 years of free cash flow growth at 7.8% for years 1–5 and 3.9% for years 6–10, anchored to 7.8% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $1.8B in trailing free cash flow, this produces an intrinsic value of $193.51 per share. A 25% safety margin gives a fair value of $145.13.
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
$1.8B
Cash & equivalents
$1.1B
Total debt
$3.9B
Shares outstanding
208M