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DCF valuation

What is Euronet Worldwide, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Euronet Worldwide, Inc.'s reported free cash flow gives $240.03 per share. The share price was $65.61 on September 25, 2026, 73% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$434.3M
Average free cash flow, last 5 years
$511.3M
Cash
$1.2B
balance sheet of June 30, 2026
Debt
$1.83B
balance sheet of June 30, 2026
Diluted shares, fiscal 2025
45,782,801
Revenue growth per year, last 5 years
11.3%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear6.5%4.5%2.0%10.0%$143.63+119%
Base11.5%7.0%2.5%9.0%$240.03+266%
Bull16.5%10.0%3.0%8.0%$432.16+559%

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%$313.38$336.06$363.77$398.41$442.96
8.0%$258.43$273.14$290.51$311.37$336.86
9.0%$218.38$228.43$240.03$253.57$269.56
10.0%$187.95$195.10$203.21$212.47$223.15
11.0%$164.10$169.34$175.20$181.79$189.26

Where the presets come from

Base: years 1 to 5 grow at Euronet Worldwide, Inc.'s revenue growth rate over the last 5 fiscal years (11.3% 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

Euronet Worldwide, Inc. company page