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 $124.44 per share. The share price was $65.86 on September 25, 2026, 47% 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% | $69.44 | +5% |
| Base | 14.0% | 9.0% | $124.44 | +89% |
| Bull | 19.0% | 8.0% | $226.90 | +245% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $165.88 | $178.77 | $194.52 | $214.22 | $239.54 |
| 8.0% | $134.77 | $143.13 | $153.01 | $164.87 | $179.36 |
| 9.0% | $112.13 | $117.85 | $124.44 | $132.14 | $141.23 |
| 10.0% | $94.96 | $99.02 | $103.63 | $108.89 | $114.97 |
| 11.0% | $81.51 | $84.49 | $87.82 | $91.57 | $95.82 |
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