NSP
Insperity, Inc. (NSP)
Last Price$89.6(4.9%)
Market Cap$3,459.5M
DCF value
$130.6
Undervalued (DCF value)
45.8%
Discount Rate
8.1%
Long-Term Growth Rate
2.0%
Stock quality
6/10
Good

NSP DCF Model

Free Cash Flow to Firm Model
NOPAT Model
Free Cash Flow to Equity Model
Net Income Model
Millions
Billions
Dec'20 ActualDec'21 ActualDec'22 ActualDec'23 ActualDec'24 ActualDec'25 EstimateDec'26 EstimateDec'27 EstimateDec'28 EstimateDec'29 EstimateDec'30 EstimateDec'31 EstimateDec'32 EstimateDec'33 EstimateDec'34 EstimateDec'35 Terminal
% growth
4,287.0
(0.6%)
4,973.1
16.0%
5,938.8
19.4%
6,485.9
9.2%
6,581.0
1.5%
6,901.1
4.9%
7,438.5
7.8%
8,105.0
9.0%
8,760.7
8.1%
9,393.2
7.2%
9,989.6
6.3%
10,537.1
5.5%
11,022.8
4.6%
11,435.1
3.7%
11,763.3
2.9%
11,998.5
2.0%
194.7
4.5%
173.3
3.5%
250.2
4.2%
218.5
3.4%
117.0
1.8%
246.9
3.6%
266.1
3.6%
289.9
3.6%
313.4
3.6%
336.0
3.6%
357.4
3.6%
376.9
3.6%
394.3
3.6%
409.1
3.6%
420.8
3.6%
429.2
3.6%
NOPAT
% effective tax rate
142.2
3.3%
127.8
2.6%
182.9
3.1%
166.4
2.6%
84.5
1.3%
178.3
2.6%
192.2
2.6%
209.4
2.6%
226.3
2.6%
242.7
2.6%
258.1
2.6%
272.2
2.6%
284.8
2.6%
295.4
2.6%
303.9
2.6%
310.0
2.6%
% of revenue
31.2
0.7%
38.5
0.8%
40.7
0.7%
42.7
0.7%
44.0
0.7%
46.3
0.7%
49.9
0.7%
54.3
0.7%
58.7
0.7%
63.0
0.7%
67.0
0.7%
70.7
0.7%
73.9
0.7%
76.7
0.7%
78.9
0.7%
80.5
0.7%
% of revenue
(98.2)
(2.3%)
(32.9)
(0.7%)
(30.3)
(0.5%)
(40.1)
(0.6%)
(38.0)
(0.6%)
(39.3)
(0.6%)
(42.3)
(0.6%)
(46.1)
(0.6%)
(49.8)
(0.6%)
(53.4)
(0.6%)
(56.8)
(0.6%)
(59.9)
(0.6%)
(62.7)
(0.6%)
(65.1)
(0.6%)
(66.9)
(0.6%)
(68.3)
(0.6%)
121.6
2.8%
51.3
1.0%
87.4
1.5%
(63.8)
(1.0%)
0.0
0.0%
11.2
0.2%
12.1
0.2%
13.2
0.2%
14.3
0.2%
15.3
0.2%
16.3
0.2%
17.1
0.2%
17.9
0.2%
18.6
0.2%
19.1
0.2%
19.5
0.2%
Free Cash Flow to Firm (FCFF)
% of revenue
196.9
4.6%
184.7
3.7%
280.6
4.7%
105.2
1.6%
90.5
1.4%
196.5
2.8%
211.8
2.8%
230.8
2.8%
249.5
2.8%
267.5
2.8%
284.5
2.8%
300.1
2.8%
313.9
2.8%
325.7
2.8%
335.0
2.8%
341.7
2.8%
% of FCFF used in calculation
80.8%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Discount period
0.50
1.50
2.50
3.50
4.50
5.50
6.50
7.50
8.50
9.50
Discount factor
0.96
0.89
0.82
0.76
0.70
0.65
0.60
0.56
0.51
0.48
Discounted FCFF (DFCFF)
152.8
188.4
189.8
189.7
188.1
185.0
180.5
174.6
167.5
159.3

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NSP DCF Value

DCF Value Calculation

as of Mar 11, 2025
Sum of DFCFF
% share of EV
1,775.6M
40.2%
Terminal Value (TV)
5,566.1M
Discounted TV
% share of EV
2,646.7M
59.8%
Total Debt
435.0M
5,042.3M
Shares outstanding
38.6M
FX rate
1.0
45.8% undervalued

Equity Value Bridge

NSP DCF Financials

Revenue
$6,581.0M -> $11.8B 6.0% CAGR
Operating Income
$117.0M -> $420.8M 13.7% CAGR
FCFF
$90.5M -> $335.0M 14.0% CAGR

NSP DCF sensitivity

DCF value
Long-term Terminal growth rate
1.0%
1.5%
2.0%
2.5%
3.0%
WACC
7.0%
$142.0
$149.0
$158.0
$168.0
$178.0
7.5%
$132.0
$138.0
$144.0
$152.0
$162.0
8.1%
$121.0
$125.0
$131.0
$137.0
$144.0
8.5%
$116.0
$120.0
$124.0
$129.0
$135.0
9.0%
$109.0
$112.0
$116.0
$120.0
$125.0
DCF value, undervalued / overvalued
Long-term Terminal growth rate
1.0%
1.5%
2.0%
2.5%
3.0%
WACC
7.0%
58.0%
66.0%
76.0%
87.0%
99.0%
7.5%
47.0%
54.0%
61.0%
70.0%
81.0%
8.1%
35.0%
39.0%
46.0%
53.0%
61.0%
8.5%
29.0%
34.0%
38.0%
44.0%
51.0%
9.0%
22.0%
25.0%
29.0%
34.0%
39.0%

Explore more intrinsic value tools hub for NSP

FAQ

What is Insperity, Inc. DCF (discounted cash flow) valuation?

As of Mar 11, 2025, Insperity, Inc.'s Discounted Cash Flow (DCF) valuation estimates its share price at $130.6. This suggests it may be undervalued by 45.8% compared to its current price of around $89.6, using a WACC of 8.1% and growth rates of 2.0%.

What is Insperity, Inc. WACC?

As of Mar 11, 2025, Insperity, Inc.'s Weighted Average Cost of Capital (WACC) is approximately 8.1%.

What is Insperity, Inc. Enterprise Value?

As of Mar 11, 2025, Insperity, Inc.'s Enterprise Value (EV) is approximately $4,422.3M. This value reflects the company's total market capitalization plus debt, minus cash and cash equivalents, providing a comprehensive measure of its overall value in the market.