RLGT
Radiant Logistics, Inc.
$8.13
Platform & Compounding FCF
50%
Two-stage FCF DCF
Strong
·
Conviction
Overvalued
Trading 331.5% above fair value
You pay
$8.13
Bear
$1.37
Fair
$1.88
Bull
$2.34
Bear
$1.37
-83.1%
4% stage 1 growth, 11% discount
Fair
$1.88
-76.8%
6% stage 1 growth, 11% discount
Bull
$2.34
-71.2%
8% stage 1 growth, 11% discount
Adjust Assumptions
6.0%
11.0%
3.0%
Key Value Driver
FCF growth rate (6% base case)
Terminal Value % of EV
35%
Implied Market Multiple
47.7x
Market is pricing in (growth)
20.6%
vs 6.0% base
Summary
Using a two-stage FCF DCF with 6% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $1.88 per share.
Key Risks
- P/E alone misleads — earnings depressed by growth investment
- Cyclical or commodity businesses may be misclassified as platforms
- Terminal value dominance suggests sensitivity to long-run assumptions