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DCF valuation

What is Simply Good Foods Co worth?

With the base-case assumptions below, a discounted cash flow model on Simply Good Foods Co's reported free cash flow gives $39.80 per share. The share price was $9.60 on September 25, 2026, 76% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$157.9M
Average free cash flow, last 5 years
$151.8M
Cash
$123.9M
balance sheet of May 30, 2026
Debt
$397M
balance sheet of May 30, 2026
Diluted shares, fiscal 2025
101,510,772
Revenue growth per year, last 5 years
12.2%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear7.0%4.5%2.0%10.0%$23.66+146%
Base12.0%7.0%2.5%9.0%$39.80+315%
Bull17.0%10.0%3.0%8.0%$71.94+649%

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%$52.09$55.90$60.55$66.36$73.83
8.0%$42.88$45.35$48.26$51.76$56.03
9.0%$36.17$37.85$39.80$42.07$44.75
10.0%$31.06$32.26$33.62$35.18$36.97
11.0%$27.07$27.94$28.93$30.03$31.29

Where the presets come from

Base: years 1 to 5 grow at Simply Good Foods Co's revenue growth rate over the last 5 fiscal years (12.2% 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

Simply Good Foods Co company page