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DCF valuation

What is Ollie's Bargain Outlet Holdings, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Ollie's Bargain Outlet Holdings, Inc.'s reported free cash flow gives $71.21 per share. The share price was $84.25 on September 25, 2026, 18% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$194.7M
Average free cash flow, last 5 years
$100.9M
Cash
$120.8M
balance sheet of August 1, 2026
Debt
$2.2M
balance sheet of August 1, 2026
Diluted shares, fiscal 2025
61,773,000
Revenue growth per year, last 5 years
7.9%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear3.0%2.5%2.0%10.0%$44.45-47%
Base8.0%5.5%2.5%9.0%$71.21-15%
Bull13.0%8.0%3.0%8.0%$121.16+44%

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%$90.72$96.70$104.02$113.16$124.92
8.0%$76.14$80.02$84.61$90.11$96.84
9.0%$65.50$68.15$71.21$74.79$79.01
10.0%$57.40$59.29$61.43$63.87$66.69
11.0%$51.04$52.42$53.97$55.71$57.68

Where the presets come from

Base: years 1 to 5 grow at Ollie's Bargain Outlet Holdings, Inc.'s revenue growth rate over the last 5 fiscal years (7.9% 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

Ollie's Bargain Outlet Holdings, Inc. company page