What is Benchmark Electronics Inc worth?
With the base-case assumptions below, a discounted cash flow model on Benchmark Electronics Inc's reported free cash flow gives $48.54 per share. The share price was $82.52 on September 25, 2026, 70% 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 | 0.0% | 10.0% | $31.38 | -62% |
| Base | 5.0% | 9.0% | $48.54 | -41% |
| Bull | 10.0% | 8.0% | $80.59 | -2% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $60.82 | $64.56 | $69.13 | $74.84 | $82.18 |
| 8.0% | $51.67 | $54.09 | $56.96 | $60.39 | $64.60 |
| 9.0% | $44.97 | $46.63 | $48.54 | $50.77 | $53.41 |
| 10.0% | $39.87 | $41.05 | $42.38 | $43.91 | $45.67 |
| 11.0% | $35.85 | $36.72 | $37.68 | $38.77 | $40.00 |
Where the presets come from
Base: years 1 to 5 grow at Benchmark Electronics 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