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DCF valuation

What is Omnicell, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Omnicell, Inc.'s reported free cash flow gives $42.94 per share. The share price was $33.66 on September 25, 2026, 22% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$86.9M
Average free cash flow, last 5 years
$122.2M
Cash
$292.2M
balance sheet of June 30, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2025
46,362,000
Revenue growth per year, last 5 years
5.8%

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%$28.87-14%
Base6.0%4.5%2.5%9.0%$42.94+28%
Bull11.0%7.0%3.0%8.0%$69.20+106%

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%$53.07$56.16$59.93$64.66$70.73
8.0%$45.51$47.51$49.88$52.72$56.20
9.0%$39.99$41.36$42.94$44.78$46.96
10.0%$35.78$36.75$37.86$39.12$40.58
11.0%$32.47$33.19$33.98$34.88$35.90

Where the presets come from

Base: years 1 to 5 grow at Omnicell, Inc.'s revenue growth rate over the last 5 fiscal years (5.8% 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

Omnicell, Inc. company page