What is Broadstone Net Lease, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Broadstone Net Lease, Inc.'s reported free cash flow gives $13.72 per share. The share price was $17.85 on November 10, 2026, 30% 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 | 2.0% | 10.0% | $2.82 | -84% |
| Base | 7.0% | 9.0% | $13.72 | -23% |
| Bull | 12.0% | 8.0% | $34.07 | +91% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $21.62 | $24.04 | $26.99 | $30.68 | $35.43 |
| 8.0% | $15.72 | $17.29 | $19.14 | $21.36 | $24.08 |
| 9.0% | $11.41 | $12.48 | $13.72 | $15.16 | $16.87 |
| 10.0% | $8.13 | $8.89 | $9.76 | $10.74 | $11.88 |
| 11.0% | $5.55 | $6.11 | $6.74 | $7.44 | $8.23 |
Where the presets come from
Base: years 1 to 5 grow at Broadstone Net Lease, Inc.'s revenue growth rate over the last 5 fiscal years (7.1% 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