What is Construction Partners, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Construction Partners, Inc.'s reported free cash flow gives $60.96 per share. The share price was $93.71 on September 25, 2026, 54% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $25.05 | -73% |
| Base | 15.0% | 9.0% | $60.96 | -35% |
| Bull | 20.0% | 8.0% | $127.83 | +36% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $88.15 | $96.63 | $106.99 | $119.94 | $136.60 |
| 8.0% | $67.73 | $73.23 | $79.72 | $87.52 | $97.05 |
| 9.0% | $52.87 | $56.63 | $60.96 | $66.02 | $72.00 |
| 10.0% | $41.60 | $44.27 | $47.30 | $50.77 | $54.76 |
| 11.0% | $32.78 | $34.74 | $36.93 | $39.40 | $42.19 |
Where the presets come from
Base: years 1 to 5 grow at Construction Partners, Inc.'s revenue growth rate over the last 5 fiscal years (29.1% 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