Climb Global Solutions, Inc.

AI-generated fair value estimate for this company.

Method: 10-year two-stage unlevered FCF DCF: $30M normalized FCF base (blending the $41.0M TTM figure with the more working-capital-normal $14.6M FY2025 figure); 15% annual FCF growth years 1-5 (continuing the company's 23-40% recent revenue growth via organic IT/cybersecurity distribution gains and bolt-on M&A); 8% years 6-10; 10% discount rate; 3% terminal growth; plus $54.5M net cash; 18.39M shares outstanding.

Reasoning: Climb is a profitable, fast-growing, asset-light IT/cybersecurity value-added distributor with a demonstrated multi-year track record of double-digit organic growth plus accretive tuck-in acquisitions, making a normalized FCF DCF with a moderating growth glide path the most reliable way to capture both its current momentum and the natural deceleration as it scales.