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Stocks MAYS DCF valuation

DCF valuation

What is Mays J W Inc worth?

With the base-case assumptions below, a discounted cash flow model on Mays J W Inc's reported free cash flow gives -$0.99 per share. The share price was $40.00 on September 25, 2026, 4,156% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$128.3K
Average free cash flow, last 5 years
-$195K
Cash
$2.1M
balance sheet of April 30, 2026
Debt
$6.2M
balance sheet of April 30, 2026
Diluted shares, fiscal 2025
2,015,780
Revenue growth per year, last 5 years
2.8%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-2.0%-0.0%2.0%10.0%-$1.38-103%
Base3.0%3.0%2.5%9.0%-$0.99-102%
Bull8.0%5.5%3.0%8.0%-$0.25-101%

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%-$0.71-$0.62-$0.52-$0.39-$0.22
8.0%-$0.91-$0.86-$0.79-$0.72-$0.62
9.0%-$1.07-$1.03-$0.99-$0.94-$0.88
10.0%-$1.18-$1.16-$1.13-$1.09-$1.05
11.0%-$1.27-$1.26-$1.23-$1.21-$1.18

Where the presets come from

Base: years 1 to 5 grow at Mays J W Inc's revenue growth rate over the last 5 fiscal years (2.8% 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

Mays J W Inc company page