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 $44.76 per share. The share price was $17.15 on September 25, 2026, 62% 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% | $28.11 | +64% |
| Base | -5.0% | 9.0% | $44.76 | +161% |
| Bull | 0.0% | 8.0% | $75.80 | +342% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $55.84 | $59.10 | $63.08 | $68.06 | $74.46 |
| 8.0% | $47.66 | $49.78 | $52.28 | $55.27 | $58.94 |
| 9.0% | $41.65 | $43.09 | $44.76 | $46.70 | $49.00 |
| 10.0% | $37.02 | $38.05 | $39.21 | $40.55 | $42.08 |
| 11.0% | $33.36 | $34.11 | $34.95 | $35.90 | $36.97 |
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