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DCF valuation

What is Solitron Devices Inc worth?

With the base-case assumptions below, a discounted cash flow model on Solitron Devices Inc's reported free cash flow gives -$1,754.23 per share. The share price was $33.00 on September 25, 2026, 102% below that value.

Inputs from the filings

Free cash flow, fiscal 2026
$1M
Average free cash flow, last 5 years
$72.6K
Cash
$6M
balance sheet of May 31, 2026
Debt
$3.72B
balance sheet of May 31, 2026
Diluted shares, fiscal 2026
2,104,447
Revenue growth per year, last 5 years
10.0%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear5.0%3.5%2.0%10.0%-$1,758.89-5,430%
Base10.0%6.5%2.5%9.0%-$1,754.23-5,416%
Bull15.0%9.0%3.0%8.0%-$1,745.52-5,389%

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%-$1,750.79-$1,749.72-$1,748.43-$1,746.81-$1,744.72
8.0%-$1,753.36-$1,752.67-$1,751.86-$1,750.88-$1,749.69
9.0%-$1,755.24-$1,754.77-$1,754.23-$1,753.59-$1,752.84
10.0%-$1,756.67-$1,756.33-$1,755.95-$1,755.52-$1,755.02
11.0%-$1,757.79-$1,757.54-$1,757.27-$1,756.96-$1,756.61

Where the presets come from

Base: years 1 to 5 grow at Solitron Devices Inc's revenue growth rate over the last 5 fiscal years (10.0% 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

Solitron Devices Inc company page