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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 $30.96 per share. The share price was $12.60 on November 9, 2026, 59% below that value.

Inputs from the filings

Free cash flow, fiscal 2026
$156.9M
Average free cash flow, last 5 years
$158M
Cash
$138.4M
balance sheet of August 29, 2026
Debt
$347.2M
balance sheet of August 29, 2026
Diluted shares, fiscal 2026
92,372,473
Revenue growth per year, last 5 years
6.2%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear1.0%1.5%2.0%10.0%$18.20+44%
Base6.0%4.5%2.5%9.0%$30.96+146%
Bull11.0%7.0%3.0%8.0%$54.76+335%

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%$40.14$42.94$46.36$50.65$56.15
8.0%$33.29$35.10$37.25$39.83$42.98
9.0%$28.28$29.52$30.96$32.63$34.60
10.0%$24.47$25.35$26.35$27.49$28.82
11.0%$21.47$22.11$22.84$23.65$24.57

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 (6.2% 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