Cass Information Systems, Inc.

Cass Information Systems, Inc.

CASSยทNASDAQ

$45.71

-1.6%
IndustrialsSpecialty Business Services

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Information Services and Banking Services. The company's services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. It also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as checking, savings, and time deposit accounts; commercial, industrial, and real estate loans; and cash management services to privately-owned businesses and faith-related ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and leased facilities in Fenton, Missouri and Colorado Springs, Colorado. The company was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. Cass Information Systems, Inc. was founded in 1906 and is headquartered in St. Louis, Missouri.

At a Glance

Live Snapshot
Market Cap$588.34M
EPS2.6600
P/E Ratio17.18
Earnings Date07/16/2026
Cass Information Systems, Inc.

Cass Information Systems, Inc. Fair Value Envelope

CASS ยท NASDAQ

Our analysis suggests that CASS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $45.71, this represents a potential HIDDEN relative to our calculated worth for Cass Information Systems, Inc..

Intrinsic Value
Current Price: $45.71

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$926.7M
+ Cash & Equivalents$392.3M
Firm Value$1.3B
- Debt$4.5M
Equity Value$1.3B
/ Shares Outstanding13,306,080B
DCF Value$99
UNDERVALUED BY 116%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$40.2M
$43.1M
$46.2M
$49.6M
$53.2M
$57.0M
$61.2M
$65.6M
$70.4M
$75.5M
Maintenance CapEx
-$1.2M
-$1.3M
-$1.4M
-$1.5M
-$1.6M
-$1.7M
-$1.9M
-$2.0M
-$2.1M
-$2.3M
Owner Earnings
$38.9M
$41.8M
$44.8M
$48.1M
$51.6M
$55.3M
$59.3M
$63.7M
$68.3M
$73.3M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$36.1M
$35.8M
$35.6M
$35.3M
$35.1M
$34.9M
$34.6M
$34.4M
$34.2M
$33.9M
Terminal Value represents 62.2% of Enterprise Value