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What is Smith & Wesson Brands, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Smith & Wesson Brands, Inc.'s reported free cash flow gives $20,900.26 per share. The share price was $14.26 on September 25, 2026, 100% below that value.

Inputs from the filings

Free cash flow, fiscal 2026
$90.4M
Average free cash flow, last 5 years
$23.7M
Cash
$18.7M
balance sheet of July 31, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2026
44,933
Revenue growth per year, last 5 years
-13.1%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-10.0%-4.0%2.0%10.0%$13,415.89+93,981%
Base-5.0%-1.0%2.5%9.0%$20,900.26+146,466%
Bull0.0%1.5%3.0%8.0%$34,852.47+244,307%

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%$25,880.73$27,345.62$29,136.05$31,374.08$34,251.55
8.0%$22,206.67$23,156.65$24,279.36$25,626.60$27,273.23
9.0%$19,501.28$20,150.81$20,900.26$21,774.62$22,807.95
10.0%$17,423.36$17,885.26$18,408.75$19,007.02$19,697.34
11.0%$15,775.31$16,113.94$16,492.40$16,918.17$17,400.71

Where the presets come from

Base: years 1 to 5 grow at Smith & Wesson Brands, Inc.'s revenue growth rate over the last 5 fiscal years (-13.1% 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

Smith & Wesson Brands, Inc. company page