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DCF valuation

What is Garrett Motion Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Garrett Motion Inc.'s reported free cash flow gives $21.76 per share. The share price was $25.72 on September 25, 2026, 18% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$341M
Average free cash flow, last 5 years
$188.4M
Cash
$142M
balance sheet of March 31, 2026
Debt
$1.42B
balance sheet of March 31, 2026
Diluted shares, fiscal 2025
203,623,998
Revenue growth per year, last 5 years
3.4%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-1.5%0.5%2.0%10.0%$11.36-56%
Base3.5%3.0%2.5%9.0%$21.76-15%
Bull8.5%6.0%3.0%8.0%$42.49+65%

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%$29.29$31.57$34.36$37.84$42.32
8.0%$23.68$25.16$26.91$29.01$31.57
9.0%$19.58$20.59$21.76$23.12$24.73
10.0%$16.45$17.17$17.98$18.91$19.99
11.0%$13.98$14.50$15.09$15.76$16.51

Where the presets come from

Base: years 1 to 5 grow at Garrett Motion Inc.'s revenue growth rate over the last 5 fiscal years (3.4% 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

Garrett Motion Inc. company page