What is Vicor Corp worth?
With the base-case assumptions below, a discounted cash flow model on Vicor Corp's reported free cash flow gives $72.46 per share. The share price was $161.68 on November 10, 2026, 123% 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 | 4.0% | 10.0% | $48.77 | -70% |
| Base | 9.0% | 9.0% | $72.46 | -55% |
| Bull | 14.0% | 8.0% | $116.66 | -28% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $89.82 | $95.17 | $101.70 | $109.86 | $120.35 |
| 8.0% | $76.84 | $80.30 | $84.39 | $89.31 | $95.31 |
| 9.0% | $67.36 | $69.73 | $72.46 | $75.65 | $79.42 |
| 10.0% | $60.15 | $61.83 | $63.74 | $65.92 | $68.44 |
| 11.0% | $54.49 | $55.73 | $57.11 | $58.66 | $60.42 |
Where the presets come from
Base: years 1 to 5 grow at Vicor Corp's revenue growth rate over the last 5 fiscal years (8.8% 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