Barrett Business Services, Inc.

AI-generated fair value estimate for this company.

Method: 10-year owner-earnings DCF: $35.08M normalized earnings base (TTM net income, used in place of reported FCF, which is depressed by PEO-specific insurance-collateral capex); 5% growth yrs1-5 (in line with consensus ~4% 2026 revenue growth); 4% growth yrs6-10; 9% discount rate; 3% terminal growth; +$43.39M net cash (cash $67.9M - debt $24.5M); 24.24M shares outstanding.

Reasoning: Barrett Business Services is a stable, profitable, dividend-paying PEO/staffing operator with modest single-digit growth expectations, so a conservative owner-earnings DCF with low discount rate reflects its low-volatility, mature-business profile.