What is Veralto Corp worth?
With the base-case assumptions below, a discounted cash flow model on Veralto Corp's reported free cash flow gives $65.46 per share. The share price was $97.14 on September 25, 2026, 48% 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% | $38.63 | -60% |
| Base | 4.0% | 9.0% | $65.46 | -33% |
| Bull | 9.0% | 8.0% | $115.56 | +19% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $84.53 | $90.32 | $97.40 | $106.24 | $117.62 |
| 8.0% | $70.32 | $74.08 | $78.52 | $83.84 | $90.35 |
| 9.0% | $59.93 | $62.50 | $65.46 | $68.91 | $73.00 |
| 10.0% | $52.00 | $53.82 | $55.89 | $58.26 | $60.99 |
| 11.0% | $45.75 | $47.09 | $48.59 | $50.27 | $52.18 |
Where the presets come from
Base: years 1 to 5 grow at Veralto Corp's revenue growth rate over the last 4 fiscal years (4.0% 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