What is Cintas Corporation (CTAS) DCF Fair Value and Intrinsic Value in 2026?

Cintas Corporation (CTAS) intrinsic value is calculated using conservative multi-stage Discounted Cash Flow (DCF) models, 5-year free cash flow trajectories, Graham Numbers, and owner earnings multiples. LocalAlpha tracks real-time margin of safety against live market prices.

What is Cintas Corporation's historical Return on Invested Capital (ROIC) and Moat Rating?

Cintas Corporation operates in the Industrials sector (Specialty Business Services) with an economic moat rating of WIDE. LocalAlpha tracks 5-year audited quarterly ROIC, operating margin stability, and balance sheet solvency ratios.

What is Cintas Corporation's financial health rating and Piotroski F-Score?

Cintas Corporation's balance sheet quality is evaluated using the 9-point Piotroski F-Score, Altman Z-Score solvency model, debt-to-equity ratio, and quick/current liquidity coverage to guard against financial distress.

How does LocalAlpha monitor Cintas Corporation (CTAS) for quarterly SEC filing thesis breaks?

LocalAlpha audits Cintas Corporation's 10-K, 10-Q, and 8-K regulatory filings on SEC EDGAR within 15 minutes of release. If reported metrics breach an investor's custom ROIC floor, operating margin boundary, or qualitative risk criteria, an autonomous breach audit is dispatched immediately.

StocksCTAS

CTAS

Cintas CorporationIndustrials / Specialty Business ServicesINTACT

Cintas Corporation provides corporate identity uniforms and other garments in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company offers rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items. It also provides restroom cleaning services and supplies; and sells uniforms from catalogs. In addition, the company offers first aid and safety products and services; workplace water services; and fire protection products and services. Further, it provides automated external defibrillators; eye-wash stations; safety training; fire extinguishers; sprinkler systems; and alarm services. The company sells its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. It serves gaming, hospitality, healthcare, automotive, government, education, pharmaceutical, manufacturing, skilled trades, and food processing industries. The company was founded in 1929 and is based in Cincinnati, Ohio.

Share Price

$202.59

52W: $161.16 - $219.17

DCF Fair Value

$85.33

-137.4% Premium

Thesis Hub

P/E (TTM)

41.3x

ROIC

17.8%

Operating Margin

23.7%

FCF Yield

1.8%

Debt / Equity

0.53x

Piotroski Score

8/9

Altman Z-Score

3.07

Market Cap

$81.1B

Price vs. Intrinsic Value Corridor

Overvalued vs DCF ($85.33)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)

—()

Period Range

$— - $—

DCF Fair Value

$85.33

MOS Buy Target (-25%)

$64.00

Valuation Overlays: DCF Fair Value ($85.33) 25% MOS Buy Target ($64.00) Revised Graham ($118.13) Graham Number ($37.63)

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price

$202.59

DCF Fair Value

$85.54

-136.8% Premium

Starting Free Cash Flow ($M)$1,464M

$100M$1,464M (Reported)$50,000M

Stage 1 Growth (Years 1-5)11.9%

-5%10% (Target)35%

Stage 2 Growth (Years 6-10)4.5%

0%5%20%

Discount Rate (WACC / Hurdle)9.0%

6%9% (Standard)15% (High Risk)

Terminal Perpetual Growth2.5%

1% (GDP Floor)2.5% (Inflation)4.0%

Net Debt ($M)$2,400M

-$100B CashBalance Sheet+$150B Debt

10-Yr PV of Cash Flows

$15.3B

PV of Terminal Value

$21.3B

Implied Enterprise Value

$36.6B

Implied Equity Value

$34.2B

Year	Yr 1	Yr 2	Yr 3	Yr 4	Yr 5	Yr 6	Yr 7	Yr 8	Yr 9	Yr 10
Projected FCF ($M)	$1,638	$1,833	$2,051	$2,295	$2,569	$2,684	$2,805	$2,931	$3,063	$3,201
Present Value (PV)	$1,503	$1,543	$1,584	$1,626	$1,669	$1,600	$1,534	$1,471	$1,410	$1,352

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-438.2% Premium

$37.64

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $4.90BVPS: $12.85

Revised Graham Formula-71.5% Premium

$118.13

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Growth Rate (g%)

Bond Yield (Y%)

Buffett Owner Earnings1.7% Yield

$3.48 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $1.4BYield: 1.7%

Reverse DCF: Market Growth Expectation

HIGH BARRIER

19.2% CAGR (Next 10 Yrs)

At the current price of $202.59, the market is assuming the business will compound Free Cash Flow at 19.2% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict

⚠ High expectations: Leaves minimal margin of safety for operational hiccups.

Autonomous Thesis Underwriting

Surveil CTAS with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Cintas Corporation. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 23.7% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

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Frequently Asked Questions: Cintas Corporation (CTAS) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Cintas Corporation.

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Cintas Corporation has an estimated DCF intrinsic fair value of $85.33 per share compared to its current market price of $202.59. This represents an estimated 137.4% premium over fair value. Additionally, its classic Benjamin Graham Number stands at $37.63.