What is Dominos Pizza Inc worth?
With the base-case assumptions below, a discounted cash flow model on Dominos Pizza Inc's reported free cash flow gives $192.12 per share. The share price was $329.71 on November 10, 2026, 72% 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 | -1.5% | 10.0% | $70.32 | -79% |
| Base | 3.5% | 9.0% | $192.12 | -42% |
| Bull | 8.5% | 8.0% | $434.91 | +32% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $280.35 | $307.06 | $339.70 | $380.50 | $432.96 |
| 8.0% | $214.69 | $232.01 | $252.47 | $277.04 | $307.05 |
| 9.0% | $166.62 | $178.46 | $192.12 | $208.06 | $226.90 |
| 10.0% | $129.93 | $138.35 | $147.89 | $158.80 | $171.39 |
| 11.0% | $101.02 | $107.19 | $114.09 | $121.86 | $130.65 |
Where the presets come from
Base: years 1 to 5 grow at Dominos Pizza Inc's revenue growth rate over the last 5 fiscal years (3.7% 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