What is Ezcorp Inc worth?
With the base-case assumptions below, a discounted cash flow model on Ezcorp Inc's reported free cash flow gives $28.38 per share. The share price was $31.16 on September 25, 2026, 10% 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 | 4.0% | 10.0% | $16.42 | -47% |
| Base | 9.0% | 9.0% | $28.38 | -9% |
| Bull | 14.0% | 8.0% | $50.69 | +63% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $37.15 | $39.84 | $43.14 | $47.26 | $52.56 |
| 8.0% | $30.59 | $32.34 | $34.40 | $36.88 | $39.91 |
| 9.0% | $25.80 | $27.00 | $28.38 | $29.99 | $31.89 |
| 10.0% | $22.16 | $23.02 | $23.98 | $25.08 | $26.35 |
| 11.0% | $19.31 | $19.93 | $20.63 | $21.41 | $22.30 |
Where the presets come from
Base: years 1 to 5 grow at Ezcorp Inc's revenue growth rate over the last 5 fiscal years (9.1% 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