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DCF valuation

What is Interparfums Inc worth?

With the base-case assumptions below, a discounted cash flow model on Interparfums Inc's reported free cash flow gives $189.90 per share. The share price was $135.95 on November 10, 2026, 28% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$190.5M
Average free cash flow, last 5 years
$98.1M
Cash
$0
balance sheet of September 30, 2026
Debt
$190.5M
balance sheet of September 30, 2026
Diluted shares, fiscal 2025
32,138,197
Revenue growth per year, last 5 years
22.5%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear10.0%6.0%2.0%10.0%$113.06-17%
Base15.0%9.0%2.5%9.0%$189.90+40%
Bull20.0%11.5%3.0%8.0%$332.98+145%

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%$248.08$266.22$288.39$316.11$351.74
8.0%$204.37$216.14$230.04$246.73$267.12
9.0%$172.58$180.62$189.90$200.73$213.52
10.0%$148.46$154.18$160.67$168.08$176.62
11.0%$129.60$133.79$138.48$143.75$149.73

Where the presets come from

Base: years 1 to 5 grow at Interparfums Inc's revenue growth rate over the last 5 fiscal years (22.5% 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

Interparfums Inc company page