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Stocks SLQT DCF valuation

DCF valuation

What is SelectQuote, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on SelectQuote, Inc.'s reported free cash flow gives $2.04 per share. The share price was $0.40 on September 25, 2026, 80% below that value.

Inputs from the filings

Free cash flow, fiscal 2026
$27.6M
Average free cash flow, last 5 years
-$71.7M
Cash
$16M
balance sheet of June 30, 2026
Debt
$370.2M
balance sheet of June 30, 2026
Diluted shares, fiscal 2026
188,174,000
Revenue growth per year, last 5 years
11.7%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear6.5%4.5%2.0%10.0%$0.55+38%
Base11.5%7.0%2.5%9.0%$2.04+411%
Bull16.5%10.0%3.0%8.0%$5.02+1,154%

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%$3.18$3.53$3.96$4.49$5.18
8.0%$2.33$2.56$2.82$3.15$3.54
9.0%$1.71$1.86$2.04$2.25$2.50
10.0%$1.24$1.35$1.47$1.62$1.78
11.0%$0.87$0.95$1.04$1.14$1.26

Where the presets come from

Base: years 1 to 5 grow at SelectQuote, Inc.'s revenue growth rate over the last 5 fiscal years (11.7% 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

SelectQuote, Inc. company page