What is Viavi Solutions Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Viavi Solutions Inc.'s reported free cash flow gives $7.21 per share. The share price was $31.01 on November 10, 2026, 330% 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 | 0.0% | 10.0% | $4.67 | -85% |
| Base | 5.0% | 9.0% | $7.21 | -77% |
| Bull | 10.0% | 8.0% | $11.96 | -61% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $9.03 | $9.59 | $10.26 | $11.11 | $12.20 |
| 8.0% | $7.68 | $8.03 | $8.46 | $8.97 | $9.59 |
| 9.0% | $6.68 | $6.93 | $7.21 | $7.54 | $7.93 |
| 10.0% | $5.93 | $6.10 | $6.30 | $6.53 | $6.79 |
| 11.0% | $5.33 | $5.46 | $5.60 | $5.76 | $5.95 |
Where the presets come from
Base: years 1 to 5 grow at Viavi Solutions Inc.'s revenue growth rate over the last 5 fiscal years (4.8% 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