What is Jack Henry & Associates Inc worth?
With the base-case assumptions below, a discounted cash flow model on Jack Henry & Associates Inc's reported free cash flow gives $203.44 per share. The share price was $175.19 on November 10, 2026, 14% 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% | $126.62 | -28% |
| Base | 7.5% | 9.0% | $203.44 | +16% |
| Bull | 12.5% | 8.0% | $356.59 | +104% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $260.53 | $278.01 | $299.37 | $326.07 | $360.40 |
| 8.0% | $217.89 | $229.22 | $242.62 | $258.69 | $278.34 |
| 9.0% | $186.75 | $194.50 | $203.44 | $213.87 | $226.20 |
| 10.0% | $163.04 | $168.55 | $174.79 | $181.93 | $190.17 |
| 11.0% | $144.41 | $148.45 | $152.96 | $158.04 | $163.80 |
Where the presets come from
Base: years 1 to 5 grow at Jack Henry & Associates Inc'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