What is Citizens Financial Services Inc worth?
With the base-case assumptions below, a discounted cash flow model on Citizens Financial Services Inc's reported free cash flow gives $60.36 per share. The share price was $86.34 on November 10, 2026, 43% 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 | 3.0% | 10.0% | -$1.99 | -102% |
| Base | 8.0% | 9.0% | $60.36 | -30% |
| Bull | 13.0% | 8.0% | $176.72 | +105% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $105.80 | $119.74 | $136.78 | $158.08 | $185.47 |
| 8.0% | $71.84 | $80.88 | $91.57 | $104.39 | $120.06 |
| 9.0% | $47.05 | $53.23 | $60.36 | $68.68 | $78.52 |
| 10.0% | $28.18 | $32.58 | $37.56 | $43.25 | $49.82 |
| 11.0% | $13.37 | $16.59 | $20.19 | $24.24 | $28.83 |
Where the presets come from
Base: years 1 to 5 grow at Citizens Financial Services Inc's revenue growth rate over the last 5 fiscal years (8.2% 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