Invesaro

Stocks HURN DCF valuation

DCF valuation

What is Huron Consulting Group Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Huron Consulting Group Inc.'s reported free cash flow gives $277.64 per share. The share price was $157.98 on September 25, 2026, 43% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$183M
Average free cash flow, last 5 years
$116.3M
Cash
$26.5M
balance sheet of March 31, 2026
Debt
$854.7M
balance sheet of March 31, 2026
Diluted shares, fiscal 2025
17,991,000
Revenue growth per year, last 5 years
14.3%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear9.5%6.0%2.0%10.0%$153.97-3%
Base14.5%8.5%2.5%9.0%$277.64+76%
Bull19.5%11.5%3.0%8.0%$523.95+232%

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%$373.27$403.03$439.41$484.88$543.34
8.0%$301.48$320.78$343.59$370.96$404.41
9.0%$249.22$262.42$277.64$295.41$316.40
10.0%$209.58$218.97$229.60$241.76$255.78
11.0%$178.55$185.43$193.12$201.77$211.57

Where the presets come from

Base: years 1 to 5 grow at Huron Consulting Group Inc.'s revenue growth rate over the last 5 fiscal years (14.3% 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

Huron Consulting Group Inc. company page