What is Bright Horizons Family Solutions Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Bright Horizons Family Solutions Inc.'s reported free cash flow gives $123.71 per share. The share price was $51.74 on November 10, 2026, 58% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 9.0% | 10.0% | $68.70 | +33% |
| Base | 14.0% | 9.0% | $123.71 | +139% |
| Bull | 19.0% | 8.0% | $226.17 | +337% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $165.14 | $178.03 | $193.79 | $213.48 | $238.81 |
| 8.0% | $134.04 | $142.40 | $152.28 | $164.13 | $178.62 |
| 9.0% | $111.40 | $117.11 | $123.71 | $131.40 | $140.50 |
| 10.0% | $94.22 | $98.29 | $102.89 | $108.16 | $114.23 |
| 11.0% | $80.77 | $83.75 | $87.09 | $90.83 | $95.08 |
Where the presets come from
Base: years 1 to 5 grow at Bright Horizons Family Solutions Inc.'s revenue growth rate over the last 5 fiscal years (14.1% 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