Invesaro

Stocks KTB DCF valuation

DCF valuation

What is Kontoor Brands, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Kontoor Brands, Inc.'s reported free cash flow gives $154.70 per share. The share price was $83.00 on November 10, 2026, 46% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$434.8M
Average free cash flow, last 5 years
$290.4M
Cash
$56.3M
balance sheet of October 3, 2026
Debt
$1.14B
balance sheet of October 3, 2026
Diluted shares, fiscal 2025
56,108,000
Revenue growth per year, last 5 years
8.5%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear3.5%3.0%2.0%10.0%$89.08+7%
Base8.5%5.5%2.5%9.0%$154.70+86%
Bull13.5%8.5%3.0%8.0%$285.53+244%

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%$203.77$218.83$237.23$260.24$289.82
8.0%$167.09$176.85$188.40$202.25$219.17
9.0%$140.32$146.99$154.70$163.69$174.31
10.0%$119.94$124.69$130.07$136.23$143.32
11.0%$103.95$107.43$111.32$115.69$120.66

Where the presets come from

Base: years 1 to 5 grow at Kontoor Brands, Inc.'s revenue growth rate over the last 5 fiscal years (8.5% 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

Kontoor Brands, Inc. company page