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DCF valuation

What is Cabot Corp worth?

With the base-case assumptions below, a discounted cash flow model on Cabot Corp's reported free cash flow gives $137.30 per share. The share price was $78.76 on September 25, 2026, 43% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$391M
Average free cash flow, last 5 years
$228.8M
Cash
$250M
balance sheet of June 30, 2026
Debt
$1.09B
balance sheet of June 30, 2026
Diluted shares, fiscal 2025
54,200,000
Revenue growth per year, last 5 years
7.3%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear2.5%2.5%2.0%10.0%$79.85+1%
Base7.5%5.0%2.5%9.0%$137.30+74%
Bull12.5%8.0%3.0%8.0%$251.85+220%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$180.00$193.08$209.05$229.02$254.70
8.0%$148.11$156.59$166.61$178.63$193.32
9.0%$124.82$130.61$137.30$145.10$154.33
10.0%$107.08$111.21$115.88$121.22$127.38
11.0%$93.15$96.17$99.55$103.35$107.65

Where the presets come from

Base: years 1 to 5 grow at Cabot Corp's revenue growth rate over the last 5 fiscal years (7.3% 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

Cabot Corp company page