Crawford & Company

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $96.09M TTM free cash flow base; 1% annual FCF growth years 1-5, 0.5% years 6-10; 12% discount rate; 1.5% terminal growth; $201.25M net debt; 48.61M total shares outstanding (Class A + Class B combined).

Reasoning: Crawford is a mature, low-margin insurance claims-administration services business with essentially flat revenue over the past decade and real competitive/pricing pressure, so a near-flat growth DCF with an elevated small-cap discount rate better reflects its risk than extrapolating any recent cyclical FCF strength; the same per-share value applies to both share classes since they have identical economic (non-voting-adjusted) claims on cash flow.