What is Trinet Group, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Trinet Group, Inc.'s reported free cash flow gives $73.78 per share. The share price was $65.11 on September 25, 2026, 12% 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 | -0.5% | 10.0% | $41.46 | -36% |
| Base | 4.5% | 9.0% | $73.78 | +13% |
| Bull | 9.5% | 8.0% | $136.73 | +110% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $96.81 | $103.80 | $112.34 | $123.02 | $136.75 |
| 8.0% | $79.65 | $84.19 | $89.54 | $95.97 | $103.83 |
| 9.0% | $67.11 | $70.20 | $73.78 | $77.95 | $82.88 |
| 10.0% | $57.53 | $59.74 | $62.24 | $65.09 | $68.39 |
| 11.0% | $50.00 | $51.61 | $53.42 | $55.45 | $57.75 |
Where the presets come from
Base: years 1 to 5 grow at Trinet Group, Inc.'s revenue growth rate over the last 5 fiscal years (4.4% 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