DCF Valuation
Base-case fair value
$113.14
Intrinsic $150.86 · 25% MOS
Current price: $48.03
Base-case summary
Our base-case DCF for Workiva Inc (WK) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 30.0% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $172M in trailing free cash flow, this produces an intrinsic value of $150.86 per share. A 25% safety margin gives a fair value of $113.14, suggesting the stock is currently 136% undervalued against the $48.03 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
$172M
Cash & equivalents
$863M
Total debt
$722M
Shares outstanding
58M