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 $279.16 per share. The share price was $298.92 on November 10, 2026, 7% 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% | $169.30 | -43% |
| Base | 9.0% | 9.0% | $279.16 | -7% |
| Bull | 14.0% | 8.0% | $484.12 | +62% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $359.68 | $384.45 | $414.73 | $452.57 | $501.23 |
| 8.0% | $299.45 | $315.51 | $334.50 | $357.28 | $385.12 |
| 9.0% | $255.50 | $266.48 | $279.16 | $293.94 | $311.41 |
| 10.0% | $222.07 | $229.88 | $238.74 | $248.85 | $260.53 |
| 11.0% | $195.84 | $201.56 | $207.96 | $215.16 | $223.32 |
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