What is Bioventus Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Bioventus Inc.'s reported free cash flow gives $31.39 per share. The share price was $13.81 on September 25, 2026, 56% 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 | 10.0% | 10.0% | $17.83 | +29% |
| Base | 15.0% | 9.0% | $31.39 | +127% |
| Bull | 20.0% | 8.0% | $56.65 | +310% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $41.66 | $44.87 | $48.78 | $53.67 | $59.96 |
| 8.0% | $33.95 | $36.03 | $38.48 | $41.43 | $45.03 |
| 9.0% | $28.34 | $29.76 | $31.39 | $33.31 | $35.56 |
| 10.0% | $24.08 | $25.09 | $26.23 | $27.54 | $29.05 |
| 11.0% | $20.75 | $21.49 | $22.32 | $23.25 | $24.30 |
Where the presets come from
Base: years 1 to 5 grow at Bioventus Inc.'s revenue growth rate over the last 4 fiscal years (15.3% 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