Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.

ASUR — Fair Value Analysis

ASURE SOFTWARE INC

Current: $7.23Price below range

Fair Value Range

Bear Case (25th pct.)

$7.51

3.9% vs price

Base Case (Median)

$10.13

40.1% vs price

Bull Case (75th pct.)

$12.33

70.5% vs price

$7.51$10.13$12.33

◇ = Current price | | Bear | Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$10.13	40.0%	High (40%)
EV/EBITDA	$4.89	-32.3%	Medium (20%)
EV/FCF	$14.54	101.1%	Medium (20%)

Interpretation

Based on 3 out of 7 methods, ASUR appears undervalued at the current price of $7.23. The base case fair value of $10.13 implies 40.1% upside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.