Dunelm Group (FRA:DFQ) Intrinsic Value: Projected FCF: €16.00 (As of Sep. 16, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:DFQ Dunelm Group PLC FRA:DFQ
82 GF Score
Price €9.15
GF Value €13.81
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Dunelm Group Intrinsic Value: Projected FCF?

Dunelm Group FRA:DFQ -3.68% 82 Intrinsic Value: Projected FCF is €16.00 as of Sep. 16, 2026. GuruFocus rates FRA:DFQ with a GF Score™ of 82/100 and a GF Value™ of €13.81 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 769 Retail - Cyclical companies, Dunelm Group ranks better than 62.03% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-16), Dunelm Group's Intrinsic Value: Projected FCF is €16.00. The stock price of Dunelm Group is €9.15. Therefore, Dunelm Group's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.

The historical rank and industry rank for Dunelm Group's Intrinsic Value: Projected FCF or its related term are showing as below:

FRA:DFQ' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.56   Med: 1.06   Max: 1.95
Current: 0.57

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Dunelm Group was 1.95. The lowest was 0.56. And the median was 1.06.

FRA:DFQ's Price-to-Projected-FCF is ranked better than
62.03% of 769 companies
in the Retail - Cyclical industry
Industry Median: 0.75 vs FRA:DFQ: 0.57

Dunelm Group  (FRA:DFQ) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Dunelm Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=9.15/15.90200939423
=0.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dunelm Group Intrinsic Value: Projected FCF Related Terms


Dunelm Group Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Dunelm Group's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dunelm Group Intrinsic Value: Projected FCF Chart

Dunelm Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.02 13.65 15.68 16.87 15.90

Dunelm Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.52 19.03 16.78 17.43 16.20

FRA:DFQ vs CASY, WSM, ULTA: Intrinsic Value: Projected FCF Comparison

For the Specialty Retail subindustry, Dunelm Group's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dunelm Group Price-to-Projected-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dunelm Group's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Dunelm Group's Price-to-Projected-FCF falls into.


FRA:DFQ
82GF Score
Dunelm Group PLC FRA:DFQ
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dunelm Group Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Dunelm Group's Free Cash Flow(6 year avg) = €246.03.

Dunelm Group's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(12.522615765129*246.02742714286+172.39274468643*0.8)/202.416
=15.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of €16.00 mean?
Dunelm Group (FRA:DFQ) has a Intrinsic Value: Projected FCF of €16.00 as of Sep. 16, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Dunelm Group and its competitors. According to the industry distribution chart, Dunelm Group ranks #292 out of 769 companies in the Retail - Cyclical industry, placing it in the top 38%.
Is Dunelm Group's Intrinsic Value: Projected FCF too high?
Dunelm Group's current Intrinsic Value: Projected FCF is €16.00. Based on the distribution chart, Dunelm Group ranks #292 out of 769 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Dunelm Group has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dunelm Group's Intrinsic Value: Projected FCF compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Dunelm Group ranks #292 out of 769 companies for Intrinsic Value: Projected FCF. This puts Dunelm Group in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Retail - Cyclical company?
The median Intrinsic Value: Projected FCF among Retail - Cyclical companies is 0.75, based on 769 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Dunelm Group and its competitors. For the Retail - Cyclical industry, the median Intrinsic Value: Projected FCF is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dunelm Group's current Intrinsic Value: Projected FCF is €16.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dunelm Group stock overvalued right now?
Based on GuruFocus' analysis, Dunelm Group (FRA:DFQ) is currently considered Significantly Undervalued. The stock's GF Value™ is €13.81, compared to a current price of €9.15 — trading 33.7% below its estimated fair value. The current Intrinsic Value: Projected FCF is €16.00. Dunelm Group's overall GF Score™ is 82/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Dunelm Group (FRA:DFQ), the current Intrinsic Value: Projected FCF is €16.00 as of Sep. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dunelm Group (FRA:DFQ) Overvalued in 2026?

Based on GuruFocus' analysis, Dunelm Group stock appears to be undervalued. The current stock price of €9.15 is trading 33.7% below its estimated GF Value™ of €13.81. GuruFocus considers Dunelm Group to be Significantly Undervalued.

Key valuation signals for FRA:DFQ:

  • Intrinsic Value: Projected FCF: €16.00
  • GF Value™: €13.81 vs. price of €9.15 (33.7% below fair value)
  • GF Score™: 82/100 with 1 warning sign

No single metric tells the full story. See the FRA:DFQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dunelm Group Business Description

Address Watermead Business Park, Dunelm Store Support Centre, Syston, Leicester, Leicestershire, GBR, LE7 1AD
Dunelm Group PLC is a UK home-furnishing retailer. The company operates superstores, high street stores, and multichannel retail formats, such as online and telephone ordering. The diverse product offering ranges from textiles, such as bedding, curtains, cushions, quilts, and pillows, to kitchenware and dining. The products have exclusive designs and are sold under premium brands such as Dorma. Dunelm offers customers high-quality products in a broad price spectrum, supported by customer service and support. The group has one reportable segment, which is the operations to enable the retail of homewares in the UK and Ireland.
82GF Score

Get the complete analysis for FRA:DFQ

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.15
Price
€13.81
GF Value