What is Phibro Animal Health Corp worth?
With the base-case assumptions below, a discounted cash flow model on Phibro Animal Health Corp's reported free cash flow gives -$6.24 per share. The share price was $34.64 on November 10, 2026, 655% 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 | 7.5% | 10.0% | -$8.84 | -126% |
| Base | 12.5% | 9.0% | -$6.24 | -118% |
| Bull | 17.5% | 8.0% | -$1.06 | -103% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | -$4.25 | -$3.63 | -$2.88 | -$1.94 | -$0.73 |
| 8.0% | -$5.74 | -$5.34 | -$4.87 | -$4.30 | -$3.61 |
| 9.0% | -$6.83 | -$6.55 | -$6.24 | -$5.87 | -$5.44 |
| 10.0% | -$7.65 | -$7.46 | -$7.24 | -$6.99 | -$6.70 |
| 11.0% | -$8.30 | -$8.16 | -$8.00 | -$7.82 | -$7.62 |
Where the presets come from
Base: years 1 to 5 grow at Phibro Animal Health Corp's revenue growth rate over the last 5 fiscal years (12.7% 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