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What is Quaker Chemical Corp worth?

With the base-case assumptions below, a discounted cash flow model on Quaker Chemical Corp's reported free cash flow gives $48.54 per share. The share price was $154.37 on November 10, 2026, 218% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$80.6M
Average free cash flow, last 5 years
$104.9M
Cash
$167M
balance sheet of September 30, 2026
Debt
$894.6M
balance sheet of September 30, 2026
Diluted shares, fiscal 2025
17,472,907
Revenue growth per year, last 5 years
5.9%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear1.0%1.5%2.0%10.0%$13.92-91%
Base6.0%4.5%2.5%9.0%$48.54-69%
Bull11.0%7.0%3.0%8.0%$113.16-27%

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%$73.46$81.07$90.37$101.99$116.93
8.0%$54.86$59.80$65.63$72.62$81.18
9.0%$41.27$44.64$48.54$53.08$58.44
10.0%$30.92$33.32$36.03$39.14$42.73
11.0%$22.77$24.53$26.50$28.71$31.21

Where the presets come from

Base: years 1 to 5 grow at Quaker Chemical Corp's revenue growth rate over the last 5 fiscal years (5.9% 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

Quaker Chemical Corp company page