What is Unifirst Corp worth?
With the base-case assumptions below, a discounted cash flow model on Unifirst Corp's reported free cash flow gives $158.74 per share. The share price was $259.09 on September 25, 2026, 63% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 1.0% | 10.0% | $101.17 | -61% |
| Base | 6.0% | 9.0% | $158.74 | -39% |
| Bull | 11.0% | 8.0% | $266.21 | +3% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $200.19 | $212.84 | $228.30 | $247.63 | $272.48 |
| 8.0% | $169.26 | $177.46 | $187.16 | $198.80 | $213.02 |
| 9.0% | $146.66 | $152.27 | $158.74 | $166.29 | $175.21 |
| 10.0% | $129.44 | $133.43 | $137.95 | $143.12 | $149.08 |
| 11.0% | $115.90 | $118.82 | $122.09 | $125.77 | $129.93 |
Where the presets come from
Base: years 1 to 5 grow at Unifirst Corp's revenue growth rate over the last 5 fiscal years (6.2% 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