What is Tiptree Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Tiptree Inc.'s reported free cash flow gives $50.86 per share. The share price was $17.62 on November 10, 2026, 65% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -10.0% | 10.0% | $34.20 | +94% |
| Base | -5.0% | 9.0% | $50.86 | +189% |
| Bull | 0.0% | 8.0% | $81.90 | +365% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $61.94 | $65.20 | $69.18 | $74.16 | $80.56 |
| 8.0% | $53.76 | $55.88 | $58.37 | $61.37 | $65.04 |
| 9.0% | $47.74 | $49.19 | $50.86 | $52.80 | $55.10 |
| 10.0% | $43.12 | $44.15 | $45.31 | $46.64 | $48.18 |
| 11.0% | $39.45 | $40.21 | $41.05 | $42.00 | $43.07 |
Where the presets come from
Base: years 1 to 5 grow at Tiptree Inc.'s revenue growth rate over the last 5 fiscal years (-77.3% 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