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DCF valuation

What is Motorsport Games Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Motorsport Games Inc.'s reported free cash flow gives $9.35 per share. The share price was $4.28 on September 25, 2026, 54% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$4.1M
Average free cash flow, last 5 years
-$10.8M
Cash
$3.9M
balance sheet of June 30, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2025
4,840,656
Revenue growth per year, last 5 years
-9.9%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-10.0%-4.0%2.0%10.0%$6.23+46%
Base-5.0%-1.0%2.5%9.0%$9.35+119%
Bull0.0%1.5%3.0%8.0%$15.17+254%

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%$11.43$12.04$12.78$13.72$14.92
8.0%$9.90$10.29$10.76$11.32$12.01
9.0%$8.77$9.04$9.35$9.72$10.15
10.0%$7.90$8.10$8.31$8.56$8.85
11.0%$7.22$7.36$7.52$7.69$7.89

Where the presets come from

Base: years 1 to 5 grow at Motorsport Games Inc.'s revenue growth rate over the last 5 fiscal years (-9.9% 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

Motorsport Games Inc. company page