Flywire Corp logo FLYW - Flywire Corp

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 13
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $19.14 DETAILS
HIGH: $22.00
LOW: $16.00
MEDIAN: $20.00
CONSENSUS: $19.14
UPSIDE: 5.57%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Mild
Trading 1.6% above fair value
Current Price $18.13
Bear Case $11.25 37.9% downside ($11.25 - $18.13) / $18.13 = -37.9% 12% stage 1 growth, 12% discount
Fair Value $17.85 1.5% downside ($17.85 - $18.13) / $18.13 = -1.5% 20% stage 1 growth, 12% discount
Bull Case $26.09 43.9% upside ($26.09 - $18.13) / $18.13 = 43.9% 26% stage 1 growth, 12% discount

Adjust Assumptions

20.0%
12.0%
3.0%

Key Value Driver

FCF growth rate (20% base case)

Terminal Value % of EV 42%
Implied Market Multiple 41.1x
Market is pricing in (growth) 20.6% vs our 20.0% base

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $19.14 from 19 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $17.85 per share.

Warnings

Stock-based employee pay equals 532% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.

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