What is Cass Information Systems Inc worth?
With the base-case assumptions below, a discounted cash flow model on Cass Information Systems Inc's reported free cash flow gives $63.44 per share. The share price was $55.55 on November 10, 2026, 12% 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 | 0.5% | 10.0% | $46.83 | -16% |
| Base | 5.5% | 9.0% | $63.44 | +14% |
| Bull | 10.5% | 8.0% | $96.55 | +74% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $75.63 | $79.34 | $83.88 | $89.55 | $96.84 |
| 8.0% | $66.54 | $68.95 | $71.79 | $75.20 | $79.38 |
| 9.0% | $59.89 | $61.54 | $63.44 | $65.65 | $68.27 |
| 10.0% | $54.83 | $56.00 | $57.33 | $58.84 | $60.59 |
| 11.0% | $50.84 | $51.70 | $52.66 | $53.74 | $54.96 |
Where the presets come from
Base: years 1 to 5 grow at Cass Information Systems Inc's revenue growth rate over the last 5 fiscal years (5.6% 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