Fair value · Traeger, Inc. (COOK) · updated 2026-09-03 · from 10-K FY2025
Cboe · delayed 15 min · as of 03:42 ET
Are those assumptions reasonable? Use COOK’s filed growth history and the AI chat to decide, then set your own inputs below — the range you build is yours.
What the price implies
free cash flow ÷ enterprise value (9.3× EV/FCF)
Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from SEC filings. This price: Cboe · delayed 15 min · as of 03:42 ET.
10-K FY2025 · fiscal year ended 2025-12-31 · filed 2026-03-06 · accession 0001628280-26-015450
Trailing-twelve-month EPS also uses the quarterly 10-Qs through Q2 FY2026 (filed 2026-08-06).
Open this filing on sec.govNo preset range for this company yet.
Every method that could be solved backwards opens on the assumption today’s price makes, so the top range sits on the price — that is arithmetic, not a view. Change any input and it becomes yours.
We don’t tell you what COOK is worth. Every tab OPENS on what today’s price implies for that method’s key assumption; you decide whether that assumption is reasonable — the growth matrix has COOK’s filed history and the AI chat will reason it through with you — and the range you build is yours. Our presets are filed history and reference settings, never a recommendation.
Discounted cash flow
$51.41per share
0% above the $51.41 price
Your stage-1 FCF growth (29.9%) matches the 29.9% the price implies — your value lands on today’s price.
Your inputs — two-stage free-cash-flow model
Implied by today’s price
At $51.41 the market implies a stage-1 FCF growth of 29.9%. (two-stage FCF model solved for stage-1 growth at 9.71% WACC)
Implied discount rate (holding growth): 9.7% · the WACC that makes the same model print the price
This tab opens on that number, so the value above is today’s price restated. Move the slider to what you find reasonable: the growth matrix shows what COOK has actually filed, and the AI chat will reason it through with you.
Free cash flow grows at your stage-1 rate, then your stage-2 rate, then a terminal rate; everything is discounted at your WACC.
Yearly free-cash-flow growth for the first stage. Starts below zero so a shrinking-cash-flow case — and the rate today’s price implies — can be set.
How long stage-1 growth lasts.
Slower growth after stage 1, before the terminal phase.
Growth forever after the two stages. Above ~3% is rarely justified.
The return you require. Default is the WACC EvidInvest computed for this company. Higher discount rate, lower value.
| Year | Stage | FCF | Present value |
|---|---|---|---|
| 1 | Stage 1 | $18M | $17M |
| 2 | Stage 1 | $24M | $20M |
| 3 | Stage 1 | $31M | $23M |
| 4 | Stage 1 | $40M | $28M |
| 5 | Stage 1 | $52M | $33M |
| 6 | Stage 2 | $53M | $30M |
| 7 | Stage 2 | $54M | $28M |
| 8 | Stage 2 | $56M | $27M |
| 9 | Stage 2 | $57M | $25M |
| 10 | Stage 2 | $59M | $23M |
Inputs from the filing
10-K FY2025 · period ended 2025-12-31 · filed 2026-03-06 · accession 0001628280-26-015450 · sec.gov
Prefer a blank slate with reverse DCF? Open the standalone DCF / reverse DCF for COOK