What is Ennis, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Ennis, Inc.'s reported free cash flow gives $26.55 per share. The share price was $22.13 on September 25, 2026, 17% 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 | -3.0% | 10.0% | $17.23 | -22% |
| Base | 2.0% | 9.0% | $26.55 | +20% |
| Bull | 7.0% | 8.0% | $43.96 | +99% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $33.09 | $35.06 | $37.47 | $40.49 | $44.36 |
| 8.0% | $28.23 | $29.51 | $31.02 | $32.83 | $35.05 |
| 9.0% | $24.67 | $25.54 | $26.55 | $27.73 | $29.12 |
| 10.0% | $21.95 | $22.57 | $23.27 | $24.08 | $25.01 |
| 11.0% | $19.80 | $20.26 | $20.77 | $21.34 | $21.99 |
Where the presets come from
Base: years 1 to 5 grow at Ennis, Inc.'s revenue growth rate over the last 5 fiscal years (1.9% 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