What is Darling Ingredients Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Darling Ingredients Inc.'s reported free cash flow gives $89.82 per share. The share price was $61.29 on September 25, 2026, 32% 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 | 6.5% | 10.0% | $46.72 | -24% |
| Base | 11.5% | 9.0% | $89.82 | +47% |
| Bull | 16.5% | 8.0% | $175.72 | +187% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $122.62 | $132.75 | $145.14 | $160.63 | $180.55 |
| 8.0% | $98.05 | $104.62 | $112.39 | $121.72 | $133.11 |
| 9.0% | $80.14 | $84.64 | $89.82 | $95.88 | $103.03 |
| 10.0% | $66.54 | $69.74 | $73.36 | $77.50 | $82.28 |
| 11.0% | $55.87 | $58.22 | $60.84 | $63.78 | $67.12 |
Where the presets come from
Base: years 1 to 5 grow at Darling Ingredients Inc.'s revenue growth rate over the last 5 fiscal years (11.4% 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