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DCF valuation

What is WisdomTree, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on WisdomTree, Inc.'s reported free cash flow gives $25.83 per share. The share price was $20.77 on November 10, 2026, 20% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$147.7M
Average free cash flow, last 5 years
$95.3M
Cash
$299.7M
balance sheet of September 30, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2025
144,939,000
Revenue growth per year, last 7 years
8.8%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear4.0%3.0%2.0%10.0%$16.63-20%
Base9.0%6.0%2.5%9.0%$25.83+24%
Bull14.0%8.5%3.0%8.0%$43.01+107%

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%$32.58$34.66$37.19$40.37$44.44
8.0%$27.53$28.88$30.47$32.38$34.71
9.0%$23.85$24.77$25.83$27.07$28.54
10.0%$21.05$21.71$22.45$23.30$24.27
11.0%$18.85$19.33$19.87$20.47$21.16

Where the presets come from

Base: years 1 to 5 grow at WisdomTree, Inc.'s revenue growth rate over the last 7 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

WisdomTree, Inc. company page