Invesaro

Stocks INGM DCF valuation

DCF valuation

What is Ingram Micro Holding Corp worth?

With the base-case assumptions below, a discounted cash flow model on Ingram Micro Holding Corp's reported free cash flow gives $36.22 per share. The share price was $27.44 on November 10, 2026, 24% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$785.4M
Average free cash flow, last 4 years
$84.2M
Cash
$1B
balance sheet of September 26, 2026
Debt
$3.9B
balance sheet of September 26, 2026
Diluted shares, fiscal 2025
235,350,268
Revenue growth per year, last 3 years
1.1%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-4.0%-1.0%2.0%10.0%$17.93-35%
Base1.0%2.0%2.5%9.0%$36.22+32%
Bull6.0%4.5%3.0%8.0%$70.35+156%

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%$48.95$52.78$57.46$63.31$70.84
8.0%$39.49$41.98$44.91$48.43$52.74
9.0%$32.56$34.26$36.22$38.50$41.20
10.0%$27.26$28.47$29.84$31.40$33.20
11.0%$23.08$23.96$24.95$26.06$27.33

Where the presets come from

Base: years 1 to 5 grow at Ingram Micro Holding Corp's revenue growth rate over the last 3 fiscal years (1.1% 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

Ingram Micro Holding Corp company page