What is Leatt Corp worth?
With the base-case assumptions below, a discounted cash flow model on Leatt Corp's reported free cash flow gives $5.79 per share. The share price was $11.75 on September 28, 2026, 103% 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 | 5.0% | 10.0% | $4.71 | -60% |
| Base | 10.0% | 9.0% | $5.79 | -51% |
| Bull | 15.0% | 8.0% | $7.81 | -34% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $6.59 | $6.83 | $7.13 | $7.51 | $7.99 |
| 8.0% | $5.99 | $6.15 | $6.34 | $6.56 | $6.84 |
| 9.0% | $5.56 | $5.66 | $5.79 | $5.94 | $6.11 |
| 10.0% | $5.22 | $5.30 | $5.39 | $5.49 | $5.61 |
| 11.0% | $4.97 | $5.02 | $5.09 | $5.16 | $5.24 |
Where the presets come from
Base: years 1 to 5 grow at Leatt Corp's revenue growth rate over the last 5 fiscal years (9.9% 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