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DCF valuation

What is MOVING iMAGE TECHNOLOGIES INC. worth?

With the base-case assumptions below, a discounted cash flow model on MOVING iMAGE TECHNOLOGIES INC.'s reported free cash flow gives $1.70 per share. The share price was $0.62 on September 25, 2026, 63% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$437K
Average free cash flow, last 5 years
-$1M
Cash
$2.4M
balance sheet of March 31, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2025
9,910,244
Revenue growth per year, last 4 years
25.8%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear10.0%6.0%2.0%10.0%$1.12+81%
Base15.0%9.0%2.5%9.0%$1.70+173%
Bull20.0%11.5%3.0%8.0%$2.76+344%

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%$2.13$2.26$2.43$2.63$2.90
8.0%$1.80$1.89$1.99$2.12$2.27
9.0%$1.57$1.63$1.70$1.78$1.87
10.0%$1.39$1.43$1.48$1.53$1.60
11.0%$1.25$1.28$1.31$1.35$1.40

Where the presets come from

Base: years 1 to 5 grow at MOVING iMAGE TECHNOLOGIES INC.'s revenue growth rate over the last 4 fiscal years (25.8% 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

MOVING iMAGE TECHNOLOGIES INC. company page