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DCF valuation

What is Enpro Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Enpro Inc.'s reported free cash flow gives $135.52 per share. The share price was $311.43 on September 25, 2026, 130% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$159.2M
Average free cash flow, last 5 years
$130.7M
Cash
$77M
balance sheet of June 30, 2026
Debt
$575.5M
balance sheet of June 30, 2026
Diluted shares, fiscal 2025
21,200,000
Revenue growth per year, last 5 years
7.4%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear2.5%2.5%2.0%10.0%$75.72-76%
Base7.5%5.0%2.5%9.0%$135.52-56%
Bull12.5%8.0%3.0%8.0%$254.77-18%

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%$179.97$193.58$210.21$231.00$257.73
8.0%$146.77$155.60$166.03$178.54$193.84
9.0%$122.53$128.56$135.52$143.65$153.24
10.0%$104.07$108.36$113.22$118.78$125.19
11.0%$89.56$92.71$96.22$100.18$104.66

Where the presets come from

Base: years 1 to 5 grow at Enpro Inc.'s revenue growth rate over the last 5 fiscal years (7.4% 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

Enpro Inc. company page