Back to FRPT Overview
NGM · Valuation Lab
FRPT
Freshpet, Inc.
Last$71.47
Market cap3.5B
EV/EBITDA16.4x
Intrinsic value
$3.70
MoS -1831.3% · Overvalued
Assuming 1.3% FCF margin and 13.1% Y1–5 growth.
Upside to price
EV (DCF)294.5M
Terminal share50%
Expected IV$6.69
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 50% of EV
PV of stage FCFs147.3M
PV of terminal value147.3M
Enterprise value294.5M
Net cash / (debt)-112.7M
Equity value181.9M
Intrinsic value / share$3.70
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 1.3B | 16.7M | 15M | 89.8% |
| Y2 | 1.5B | 18.9M | 15.2M | 80.6% |
| Y3 | 1.6B | 21.4M | 15.5M | 72.3% |
| Y4 | 1.9B | 24.2M | 15.7M | 64.9% |
| Y5 | 2.1B | 27.3M | 15.9M | 58.3% |
| Y6 | 2.2B | 29.1M | 15.2M | 52.3% |
| Y7 | 2.4B | 31.1M | 14.6M | 47.0% |
| Y8 | 2.5B | 33.1M | 14M | 42.2% |
| Y9 | 2.7B | 35.3M | 13.4M | 37.8% |
| Y10 | 2.9B | 37.6M | 12.8M | 34.0% |
| Terminal | — | — | 147.3M | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.