What is Science Applications International Corp worth?
With the base-case assumptions below, a discounted cash flow model on Science Applications International Corp's reported free cash flow gives $123.06 per share. The share price was $132.61 on September 25, 2026, 8% 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 | -4.5% | 10.0% | $57.85 | -56% |
| Base | 0.5% | 9.0% | $123.06 | -7% |
| Bull | 5.5% | 8.0% | $250.02 | +89% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $168.27 | $181.83 | $198.39 | $219.10 | $245.72 |
| 8.0% | $134.73 | $143.52 | $153.90 | $166.37 | $181.60 |
| 9.0% | $110.12 | $116.13 | $123.06 | $131.15 | $140.71 |
| 10.0% | $91.30 | $95.57 | $100.42 | $105.95 | $112.34 |
| 11.0% | $76.44 | $79.57 | $83.07 | $87.01 | $91.48 |
Where the presets come from
Base: years 1 to 5 grow at Science Applications International Corp's revenue growth rate over the last 5 fiscal years (0.6% 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