What is KEMPER Corp worth?
With the base-case assumptions below, a discounted cash flow model on KEMPER Corp's reported free cash flow gives $96.23 per share. The share price was $33.47 on November 10, 2026, 65% 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 | -6.5% | 10.0% | $56.24 | +68% |
| Base | -1.5% | 9.0% | $96.23 | +188% |
| Bull | 3.5% | 8.0% | $175.81 | +425% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $124.17 | $132.49 | $142.65 | $155.36 | $171.70 |
| 8.0% | $103.48 | $108.87 | $115.25 | $122.90 | $132.25 |
| 9.0% | $88.29 | $91.97 | $96.23 | $101.19 | $107.06 |
| 10.0% | $76.65 | $79.27 | $82.24 | $85.64 | $89.56 |
| 11.0% | $67.44 | $69.36 | $71.51 | $73.93 | $76.67 |
Where the presets come from
Base: years 1 to 5 grow at KEMPER Corp's revenue growth rate over the last 5 fiscal years (-1.7% 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