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DCF valuation

What is American Outdoor Brands, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on American Outdoor Brands, Inc.'s reported free cash flow gives $6.09 per share. The share price was $17.55 on September 25, 2026, 188% above that value.

Inputs from the filings

Free cash flow, fiscal 2026
$4.3M
Average free cash flow, last 5 years
$6.1M
Cash
$33.3M
balance sheet of July 31, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2026
12,587,000
Revenue growth per year, last 5 years
-7.2%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-10.0%-4.0%2.0%10.0%$4.83-72%
Base-5.0%-1.0%2.5%9.0%$6.09-65%
Bull0.0%1.5%3.0%8.0%$8.45-52%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$6.93$7.18$7.48$7.86$8.34
8.0%$6.32$6.48$6.66$6.89$7.17
9.0%$5.86$5.97$6.09$6.24$6.42
10.0%$5.51$5.59$5.68$5.78$5.89
11.0%$5.23$5.29$5.35$5.42$5.51

Where the presets come from

Base: years 1 to 5 grow at American Outdoor Brands, Inc.'s revenue growth rate over the last 5 fiscal years (-7.2% 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

American Outdoor Brands, Inc. company page