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DCF valuation

What is Littelfuse Inc worth?

With the base-case assumptions below, a discounted cash flow model on Littelfuse Inc's reported free cash flow gives $366.35 per share. The share price was $429.22 on September 25, 2026, 17% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$366.1M
Average free cash flow, last 5 years
$325.4M
Cash
$481.7M
balance sheet of March 28, 2026
Debt
$631.5M
balance sheet of March 28, 2026
Diluted shares, fiscal 2025
24,817,000
Revenue growth per year, last 5 years
10.5%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear5.5%4.0%2.0%10.0%$225.22-48%
Base10.5%6.5%2.5%9.0%$366.35-15%
Bull15.5%9.5%3.0%8.0%$647.67+51%

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%$473.13$506.06$546.31$596.62$661.31
8.0%$393.19$414.55$439.79$470.08$507.09
9.0%$334.90$349.51$366.35$386.01$409.24
10.0%$290.60$300.98$312.75$326.20$341.72
11.0%$255.85$263.46$271.97$281.54$292.39

Where the presets come from

Base: years 1 to 5 grow at Littelfuse Inc's revenue growth rate over the last 5 fiscal years (10.5% 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

Littelfuse Inc company page