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DCF valuation

What is Vroom, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Vroom, Inc.'s reported free cash flow gives $99.76 per share. The share price was $9.75 on September 28, 2026, 90% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$68.1M
Average free cash flow, last 5 years
-$259.8M
Cash
$16.4M
balance sheet of June 30, 2026
Debt
$489.4M
balance sheet of June 30, 2026
Diluted shares, fiscal 2025
5,184,175
Revenue growth per year, last 5 years
0.9%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-4.0%-1.0%2.0%10.0%$27.80+185%
Base1.0%2.0%2.5%9.0%$99.76+923%
Bull6.0%4.5%3.0%8.0%$234.13+2,301%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$149.89$164.97$183.39$206.42$236.03
8.0%$112.66$122.43$133.99$147.85$164.79
9.0%$85.37$92.05$99.76$108.76$119.39
10.0%$64.50$69.26$74.64$80.80$87.90
11.0%$48.04$51.52$55.42$59.80$64.76

Where the presets come from

Base: years 1 to 5 grow at Vroom, Inc.'s revenue growth rate over the last 5 fiscal years (0.9% 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

Vroom, Inc. company page