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Stocks SEZL DCF valuation

DCF valuation

What is Sezzle Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Sezzle Inc.'s reported free cash flow gives $195.65 per share. The share price was $111.38 on September 25, 2026, 43% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$209.3M
Average free cash flow, last 5 years
$49.9M
Cash
$79.8M
balance sheet of June 30, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2025
35,744,000
Revenue growth per year, last 4 years
66.4%

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%$119.75+8%
Base15.0%9.0%2.5%9.0%$195.65+76%
Bull20.0%11.5%3.0%8.0%$336.97+203%

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%$253.11$271.03$292.93$320.30$355.50
8.0%$209.95$221.57$235.30$251.78$271.92
9.0%$178.54$186.48$195.65$206.34$218.98
10.0%$154.72$160.37$166.78$174.09$182.54
11.0%$136.09$140.23$144.86$150.07$155.97

Where the presets come from

Base: years 1 to 5 grow at Sezzle Inc.'s revenue growth rate over the last 4 fiscal years (66.4% 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

Sezzle Inc. company page