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Stocks OOMA DCF valuation

DCF valuation

What is Ooma Inc worth?

With the base-case assumptions below, a discounted cash flow model on Ooma Inc's reported free cash flow gives $18.45 per share. The share price was $21.77 on September 25, 2026, 18% above that value.

Inputs from the filings

Free cash flow, fiscal 2026
$22.1M
Average free cash flow, last 5 years
$10.9M
Cash
$17.5M
balance sheet of July 31, 2026
Debt
$45.1M
balance sheet of July 31, 2026
Diluted shares, fiscal 2026
28,116,327
Revenue growth per year, last 5 years
10.1%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear5.0%3.5%2.0%10.0%$10.91-50%
Base10.0%6.5%2.5%9.0%$18.45-15%
Bull15.0%9.0%3.0%8.0%$32.52+49%

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%$24.01$25.73$27.82$30.44$33.81
8.0%$19.85$20.96$22.28$23.85$25.78
9.0%$16.81$17.57$18.45$19.47$20.68
10.0%$14.50$15.05$15.66$16.36$17.17
11.0%$12.69$13.09$13.53$14.03$14.60

Where the presets come from

Base: years 1 to 5 grow at Ooma Inc's revenue growth rate over the last 5 fiscal years (10.1% 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

Ooma Inc company page