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DCF valuation

What is Concrete Pumping Holdings, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Concrete Pumping Holdings, Inc.'s reported free cash flow gives -$1.00 per share. The share price was $9.77 on September 25, 2026, 1,076% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$17.5M
Average free cash flow, last 5 years
$18.2M
Cash
$43M
balance sheet of July 31, 2026
Debt
$418.7M
balance sheet of July 31, 2026
Diluted shares, fiscal 2025
52,686,000
Revenue growth per year, last 5 years
5.2%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear0.0%1.0%2.0%10.0%-$3.35-134%
Base5.0%4.0%2.5%9.0%-$1.00-110%
Bull10.0%6.5%3.0%8.0%$3.38-65%

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%$0.68$1.19$1.81$2.59$3.60
8.0%-$0.57-$0.24$0.15$0.62$1.19
9.0%-$1.49-$1.26-$1.00-$0.70-$0.34
10.0%-$2.19-$2.03-$1.84-$1.63-$1.39
11.0%-$2.74-$2.62-$2.49-$2.34-$2.17

Where the presets come from

Base: years 1 to 5 grow at Concrete Pumping Holdings, Inc.'s revenue growth rate over the last 5 fiscal years (5.2% 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

Concrete Pumping Holdings, Inc. company page