What is Kforce Inc worth?
With the base-case assumptions below, a discounted cash flow model on Kforce Inc's reported free cash flow gives $34.02 per share. The share price was $51.56 on September 25, 2026, 52% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -6.0% | 10.0% | $21.32 | -59% |
| Base | -1.0% | 9.0% | $34.02 | -34% |
| Bull | 4.0% | 8.0% | $57.71 | +12% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $42.73 | $45.33 | $48.51 | $52.49 | $57.60 |
| 8.0% | $36.27 | $37.96 | $39.95 | $42.35 | $45.27 |
| 9.0% | $31.53 | $32.68 | $34.02 | $35.57 | $37.41 |
| 10.0% | $27.90 | $28.72 | $29.65 | $30.71 | $31.94 |
| 11.0% | $25.03 | $25.63 | $26.31 | $27.06 | $27.92 |
Where the presets come from
Base: years 1 to 5 grow at Kforce Inc's revenue growth rate over the last 5 fiscal years (-1.0% 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