What is Reliance, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Reliance, Inc.'s reported free cash flow gives $207.64 per share. The share price was $387.28 on September 25, 2026, 87% 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 | 5.0% | 10.0% | $116.41 | -70% |
| Base | 10.0% | 9.0% | $207.64 | -46% |
| Bull | 15.0% | 8.0% | $377.80 | -2% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $274.89 | $295.63 | $320.98 | $352.66 | $393.40 |
| 8.0% | $224.55 | $237.99 | $253.89 | $272.96 | $296.27 |
| 9.0% | $187.83 | $197.03 | $207.64 | $220.02 | $234.64 |
| 10.0% | $159.92 | $166.46 | $173.87 | $182.34 | $192.12 |
| 11.0% | $138.03 | $142.82 | $148.18 | $154.21 | $161.04 |
Where the presets come from
Base: years 1 to 5 grow at Reliance, Inc.'s revenue growth rate over the last 5 fiscal years (10.2% 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