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Stocks DOLE DCF valuation

DCF valuation

What is Dole plc worth?

With the base-case assumptions below, a discounted cash flow model on Dole plc's reported free cash flow gives -$4.30 per share. The share price was $14.06 on November 10, 2026, 427% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$1.7M
Average free cash flow, last 5 years
$102.7M
Cash
$295.8M
balance sheet of September 30, 2026
Debt
$764.4M
balance sheet of September 30, 2026
Diluted shares, fiscal 2025
95,902,000
Revenue growth per year, last 4 years
20.5%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear10.0%6.0%2.0%10.0%-$4.53-132%
Base15.0%9.0%2.5%9.0%-$4.30-131%
Bull20.0%11.5%3.0%8.0%-$3.87-128%

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%-$4.12-$4.07-$4.00-$3.92-$3.81
8.0%-$4.25-$4.22-$4.18-$4.13-$4.07
9.0%-$4.35-$4.33-$4.30-$4.27-$4.23
10.0%-$4.42-$4.41-$4.39-$4.36-$4.34
11.0%-$4.48-$4.47-$4.45-$4.44-$4.42

Where the presets come from

Base: years 1 to 5 grow at Dole plc's revenue growth rate over the last 4 fiscal years (20.5% 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

Dole plc company page