What is Applied Industrial Technologies Inc worth?
With the base-case assumptions below, a discounted cash flow model on Applied Industrial Technologies Inc's reported free cash flow gives $280.08 per share. The share price was $333.39 on September 25, 2026, 19% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 4.0% | 10.0% | $170.22 | -49% |
| Base | 9.0% | 9.0% | $280.08 | -16% |
| Bull | 14.0% | 8.0% | $485.04 | +45% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $360.60 | $385.37 | $415.65 | $453.50 | $502.15 |
| 8.0% | $300.37 | $316.43 | $335.42 | $358.20 | $386.04 |
| 9.0% | $256.42 | $267.40 | $280.08 | $294.86 | $312.34 |
| 10.0% | $223.00 | $230.81 | $239.66 | $249.78 | $261.45 |
| 11.0% | $196.76 | $202.49 | $208.89 | $216.09 | $224.24 |
Where the presets come from
Base: years 1 to 5 grow at Applied Industrial Technologies Inc's revenue growth rate over the last 5 fiscal years (8.9% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions