What is Levi Strauss & Co worth?
With the base-case assumptions below, a discounted cash flow model on Levi Strauss & Co's reported free cash flow gives $15.50 per share. The share price was $19.73 on September 25, 2026, 27% 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 | 2.0% | 10.0% | $9.35 | -53% |
| Base | 7.0% | 9.0% | $15.50 | -21% |
| Bull | 12.0% | 8.0% | $26.99 | +37% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $19.96 | $21.33 | $22.99 | $25.08 | $27.76 |
| 8.0% | $16.63 | $17.52 | $18.56 | $19.82 | $21.35 |
| 9.0% | $14.20 | $14.80 | $15.50 | $16.32 | $17.28 |
| 10.0% | $12.35 | $12.78 | $13.26 | $13.82 | $14.46 |
| 11.0% | $10.89 | $11.21 | $11.56 | $11.96 | $12.40 |
Where the presets come from
Base: years 1 to 5 grow at Levi Strauss & Co's revenue growth rate over the last 5 fiscal years (7.1% 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