What is Marzetti Co worth?
With the base-case assumptions below, a discounted cash flow model on Marzetti Co's reported free cash flow gives $135.07 per share. The share price was $109.32 on November 10, 2026, 19% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.5% | 10.0% | $82.14 | -25% |
| Base | 5.5% | 9.0% | $135.07 | +24% |
| Bull | 10.5% | 8.0% | $240.60 | +120% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $173.92 | $185.75 | $200.21 | $218.28 | $241.51 |
| 8.0% | $144.95 | $152.63 | $161.69 | $172.57 | $185.86 |
| 9.0% | $123.78 | $129.02 | $135.07 | $142.13 | $150.48 |
| 10.0% | $107.63 | $111.36 | $115.59 | $120.42 | $125.99 |
| 11.0% | $94.93 | $97.66 | $100.72 | $104.16 | $108.05 |
Where the presets come from
Base: years 1 to 5 grow at Marzetti Co's revenue growth rate over the last 5 fiscal years (5.6% 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