Invesaro

Stocks CSPI DCF valuation

DCF valuation

What is Csp Inc worth?

With the base-case assumptions below, a discounted cash flow model on Csp Inc's reported free cash flow gives $5.32 per share. The share price was $7.71 on September 25, 2026, 45% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$1.9M
Average free cash flow, last 5 years
$2.8M
Cash
$24.7M
balance sheet of June 30, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2025
9,297,000
Revenue growth per year, last 5 years
-1.0%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-6.0%-2.0%2.0%10.0%$4.32-44%
Base-1.0%1.0%2.5%9.0%$5.32-31%
Bull4.0%3.5%3.0%8.0%$7.18-7%

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%$6.00$6.21$6.46$6.77$7.17
8.0%$5.50$5.63$5.79$5.97$6.20
9.0%$5.12$5.22$5.32$5.44$5.59
10.0%$4.84$4.90$4.98$5.06$5.16
11.0%$4.61$4.66$4.71$4.77$4.84

Where the presets come from

Base: years 1 to 5 grow at Csp Inc's revenue growth rate over the last 5 fiscal years (-1.0% 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

Csp Inc company page