What is La-Z-Boy Inc worth?
With the base-case assumptions below, a discounted cash flow model on La-Z-Boy Inc's reported free cash flow gives $60.17 per share. The share price was $29.88 on September 25, 2026, 50% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -1.0% | 10.0% | $39.69 | +33% |
| Base | 4.0% | 9.0% | $60.17 | +101% |
| Bull | 9.0% | 8.0% | $98.40 | +229% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $74.72 | $79.14 | $84.54 | $91.29 | $99.97 |
| 8.0% | $63.88 | $66.75 | $70.13 | $74.19 | $79.16 |
| 9.0% | $55.95 | $57.91 | $60.17 | $62.80 | $65.92 |
| 10.0% | $49.90 | $51.29 | $52.87 | $54.67 | $56.75 |
| 11.0% | $45.13 | $46.15 | $47.29 | $48.58 | $50.03 |
Where the presets come from
Base: years 1 to 5 grow at La-Z-Boy Inc's revenue growth rate over the last 5 fiscal years (4.2% 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