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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 $154.66 per share. The share price was $65.37 on September 25, 2026, 58% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$434.8M
Average free cash flow, last 5 years
$290.4M
Cash
$58.5M
balance sheet of July 4, 2026
Debt
$1.14B
balance sheet of July 4, 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%$89.05+36%
Base8.5%5.5%2.5%9.0%$154.66+137%
Bull13.5%8.5%3.0%8.0%$285.49+337%

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%$203.73$218.79$237.20$260.21$289.79
8.0%$167.06$176.82$188.36$202.21$219.14
9.0%$140.28$146.96$154.66$163.65$174.28
10.0%$119.91$124.66$130.04$136.19$143.29
11.0%$103.91$107.39$111.28$115.66$120.62

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