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DCF valuation

What is Sanfilippo John B & Son Inc worth?

With the base-case assumptions below, a discounted cash flow model on Sanfilippo John B & Son Inc's reported free cash flow gives $56.50 per share. The share price was $67.24 on September 25, 2026, 19% above that value.

Inputs from the filings

Free cash flow, fiscal 2026
$35.7M
Average free cash flow, last 5 years
$38.9M
Cash
$1.1M
balance sheet of June 25, 2026
Debt
$49.6M
balance sheet of June 25, 2026
Diluted shares, fiscal 2026
11,777,400
Revenue growth per year, last 5 years
6.5%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear1.5%2.0%2.0%10.0%$33.77-50%
Base6.5%4.5%2.5%9.0%$56.50-16%
Bull11.5%7.5%3.0%8.0%$101.81+51%

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%$73.29$78.41$84.67$92.51$102.57
8.0%$60.76$64.08$68.01$72.72$78.48
9.0%$51.60$53.88$56.50$59.56$63.17
10.0%$44.63$46.25$48.08$50.17$52.59
11.0%$39.15$40.33$41.66$43.14$44.83

Where the presets come from

Base: years 1 to 5 grow at Sanfilippo John B & Son Inc's revenue growth rate over the last 5 fiscal years (6.5% 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

Sanfilippo John B & Son Inc company page