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 $70.06 per share. The share price was $281.96 on September 25, 2026, 302% 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% | $46.37 | -84% |
| Base | 9.0% | 9.0% | $70.06 | -75% |
| Bull | 14.0% | 8.0% | $114.26 | -59% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $87.43 | $92.77 | $99.30 | $107.46 | $117.95 |
| 8.0% | $74.44 | $77.90 | $82.00 | $86.91 | $92.91 |
| 9.0% | $64.96 | $67.33 | $70.06 | $73.25 | $77.02 |
| 10.0% | $57.75 | $59.44 | $61.35 | $63.53 | $66.05 |
| 11.0% | $52.10 | $53.33 | $54.71 | $56.26 | $58.02 |
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