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Stocks MNRO DCF valuation

DCF valuation

What is Monro, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Monro, Inc.'s reported free cash flow gives $16.59 per share. The share price was $13.74 on September 25, 2026, 17% below that value.

Inputs from the filings

Free cash flow, fiscal 2026
$38.8M
Average free cash flow, last 5 years
$113.2M
Cash
$14.6M
balance sheet of March 28, 2026
Debt
$60M
balance sheet of March 28, 2026
Diluted shares, fiscal 2026
30,002,000
Revenue growth per year, last 5 years
0.6%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-4.5%-1.5%2.0%10.0%$9.80-29%
Base0.5%1.5%2.5%9.0%$16.59+21%
Bull5.5%4.5%3.0%8.0%$29.82+117%

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%$21.30$22.71$24.44$26.60$29.37
8.0%$17.81$18.72$19.80$21.10$22.69
9.0%$15.24$15.87$16.59$17.43$18.43
10.0%$13.28$13.73$14.23$14.81$15.48
11.0%$11.74$12.06$12.43$12.84$13.30

Where the presets come from

Base: years 1 to 5 grow at Monro, Inc.'s revenue growth rate over the last 5 fiscal years (0.6% 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

Monro, Inc. company page