What is Townsquare Media, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Townsquare Media, Inc.'s reported free cash flow gives -$11.56 per share. The share price was $4.98 on September 25, 2026, 143% 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 | -2.0% | 10.0% | -$17.47 | -451% |
| Base | 3.0% | 9.0% | -$11.56 | -332% |
| Bull | 8.0% | 8.0% | -$0.52 | -110% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | -$7.38 | -$6.12 | -$4.57 | -$2.64 | -$0.16 |
| 8.0% | -$10.49 | -$9.67 | -$8.70 | -$7.54 | -$6.12 |
| 9.0% | -$12.76 | -$12.20 | -$11.56 | -$10.80 | -$9.91 |
| 10.0% | -$14.50 | -$14.10 | -$13.65 | -$13.13 | -$12.54 |
| 11.0% | -$15.87 | -$15.57 | -$15.25 | -$14.88 | -$14.47 |
Where the presets come from
Base: years 1 to 5 grow at Townsquare Media, Inc.'s revenue growth rate over the last 5 fiscal years (2.9% 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