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What is Pursuit Attractions & Hospitality, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Pursuit Attractions & Hospitality, Inc.'s reported free cash flow gives $0.26 per share. The share price was $49.28 on September 25, 2026, 18,647% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$11.1M
Average free cash flow, last 5 years
-$5M
Cash
$33.9M
balance sheet of June 30, 2026
Debt
$191.8M
balance sheet of June 30, 2026
Diluted shares, fiscal 2025
28,389,000
Revenue growth per year, last 5 years
1.7%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-3.5%-1.0%2.0%10.0%-$1.93-104%
Base1.5%2.0%2.5%9.0%$0.26-99%
Bull6.5%5.0%3.0%8.0%$4.54-91%

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%$1.80$2.26$2.82$3.53$4.43
8.0%$0.66$0.96$1.31$1.73$2.25
9.0%-$0.18$0.03$0.26$0.54$0.86
10.0%-$0.82-$0.67-$0.51-$0.32-$0.10
11.0%-$1.32-$1.21-$1.09-$0.96-$0.81

Where the presets come from

Base: years 1 to 5 grow at Pursuit Attractions & Hospitality, Inc.'s revenue growth rate over the last 5 fiscal years (1.7% 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

Pursuit Attractions & Hospitality, Inc. company page