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DCF valuation

What is Quest Resource Holding Corp worth?

With the base-case assumptions below, a discounted cash flow model on Quest Resource Holding Corp's reported free cash flow gives $11.86 per share. The share price was $1.37 on September 25, 2026, 88% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$9.3M
Average free cash flow, last 5 years
-$847.7K
Cash
$1M
balance sheet of June 30, 2026
Debt
$59.4M
balance sheet of June 30, 2026
Diluted shares, fiscal 2025
20,998,000
Revenue growth per year, last 5 years
20.5%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear10.0%6.0%2.0%10.0%$6.12+347%
Base15.0%9.0%2.5%9.0%$11.86+766%
Bull20.0%11.5%3.0%8.0%$22.56+1,547%

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%$16.21$17.57$19.23$21.30$23.97
8.0%$12.95$13.83$14.87$16.11$17.64
9.0%$10.57$11.17$11.86$12.67$13.63
10.0%$8.77$9.19$9.68$10.23$10.87
11.0%$7.36$7.67$8.02$8.41$8.86

Where the presets come from

Base: years 1 to 5 grow at Quest Resource Holding Corp's revenue growth rate over the last 5 fiscal years (20.5% 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

Quest Resource Holding Corp company page