What is IBEX Ltd worth?
With the base-case assumptions below, a discounted cash flow model on IBEX Ltd's reported free cash flow gives $46.70 per share. The share price was $44.53 on September 25, 2026, 5% 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 | 2.5% | 10.0% | $29.92 | -33% |
| Base | 7.5% | 9.0% | $46.70 | +5% |
| Bull | 12.5% | 8.0% | $80.15 | +80% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $59.17 | $62.99 | $67.65 | $73.48 | $80.98 |
| 8.0% | $49.86 | $52.33 | $55.26 | $58.77 | $63.06 |
| 9.0% | $43.06 | $44.75 | $46.70 | $48.98 | $51.67 |
| 10.0% | $37.88 | $39.08 | $40.44 | $42.00 | $43.80 |
| 11.0% | $33.81 | $34.69 | $35.68 | $36.79 | $38.04 |
Where the presets come from
Base: years 1 to 5 grow at IBEX Ltd's revenue growth rate over the last 5 fiscal years (7.7% 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