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Stocks MOG-A DCF valuation

DCF valuation

What is Moog Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Moog Inc.'s reported free cash flow gives $51.99 per share. The share price was $387.80 on September 25, 2026, 646% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$128.4M
Average free cash flow, last 5 years
$81.7M
Cash
$66.8M
balance sheet of June 27, 2026
Debt
$908M
balance sheet of June 27, 2026
Diluted shares, fiscal 2025
32,082,601
Revenue growth per year, last 5 years
6.0%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear1.0%1.5%2.0%10.0%$21.97-94%
Base6.0%4.5%2.5%9.0%$51.99-87%
Bull11.0%7.0%3.0%8.0%$108.05-72%

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%$73.61$80.21$88.28$98.36$111.32
8.0%$57.48$61.76$66.82$72.89$80.30
9.0%$45.69$48.62$51.99$55.93$60.59
10.0%$36.71$38.79$41.15$43.84$46.95
11.0%$29.65$31.17$32.88$34.80$36.97

Where the presets come from

Base: years 1 to 5 grow at Moog Inc.'s revenue growth rate over the last 5 fiscal years (6.0% 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

Moog Inc. company page