Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$343.82
+54.99% vs spot
Strong Buy
Spot price
$221.84
Mkt cap $88.68B
subtle cardAnalyst PT consensus
$249.00
+12.24% vs spot
subtle cardMethods covered
17 / 19
15 in blend
subtle cardFootball field
ADP · fair-value range by method
Method comparison
ADP · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | $753.25 | $463.80 – $1,456.35 | +239.54% | 22.3% | WACC 5.6%, g₀=12.6%, gₗ=3.1% | high |
| DCF · FCFE | dcf | $342.40 | $251.32 – $486.88 | +54.35% | 16.8% | kₑ 8.2%, g₀=12.6%, gₗ=3.1% | high |
| DDM · Gordon | ddm | $124.93 | $104.43 – $155.46 | -43.68% | — | D₁ 6.17, kₑ 8.2%, gₗ 3.1% | med |
| DDM · H-model | ddm | $182.15 | $137.06 – $249.27 | -17.89% | — | D₀ 6.17, g₀=12.6%, gₗ=3.1%, H 5y | med |
| DDM · multi-stage | ddm | $154.38 | $131.23 – $177.54 | -30.41% | 5.6% | 5y schedule 12.6% → 3.1%, kₑ 8.2% | high |
| Residual income | income | $40.45 | $35.60 – $45.30 | -81.77% | 11.2% | BV 15.92, ROE 65.9% → kₑ | high |
| EVA / MVA | income | $535.18 | $470.96 – $599.40 | +141.25% | 7.8% | IC 11.9B, WACC 5.6% | high |
| P/E · sector | multiple | $199.60 | $175.65 – $223.55 | -10.03% | 13.4% | EPS 9.98 × peer P/E 20.0 | med |
| P/S · sector | multiple | $105.77 | $89.90 – $121.63 | -52.32% | 3.4% | Rev/sh 52.88 × peer P/S 2.00 | med |
| EV / EBITDA | multiple | $194.01 | $170.72 – $217.29 | -12.55% | 11.2% | EBITDA × peer 13.0× − ND 5.7B | high |
| EV / EBIT | multiple | $202.44 | $172.07 – $232.81 | -8.74% | 2.2% | EBIT × peer 15.6× − ND | med |
| EV / Sales | multiple | $75.20 | $63.92 – $86.48 | -66.10% | 2.2% | Sales × peer 1.70× − ND | med |
| PEG-anchored | multiple | $109.11 | $92.74 – $125.48 | -50.82% | 1.1% | PEG=1, fwd EPS g 10.9% | med |
| Earnings power | intrinsic | $175.20 | $154.17 – $196.22 | -21.02% | 0.6% | NOPAT / WACC, no growth | med |
| Graham revised | intrinsic | $331.08 | $281.41 – $380.74 | +49.24% | 0.6% | EPS×(8.5+2g)·4.4/Y | low |
| Lynch P/E=g | intrinsic | $125.38 | $106.57 – $144.19 | -43.48% | 0.6% | PE = g (12.6) | low |
| Book NAV | asset | $15.92 | $15.12 – $16.71 | -92.83% | 1.1% | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | — | — | — | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g -12.3% · Pessimistic — market pricing decline | high |
Cost-of-capital build-up
CAPM cost of equity, after-tax cost of debt, WACC. Risk-free as of 2026-05-12.
| Risk-free rate (US 10y Treasury)rf | 4.46% |
| Equity beta (0.84)β | × 0.84 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 8.21% |
| Pre-tax cost of debtkd | 5.03% |
| Effective tax ratet | 23.3% |
| After-tax cost of debt | 3.86% |
| Equity weight$6.2B | 40.6% |
| Debt weight$9.1B | 59.4% |
| WACC | 5.62% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | 6.55% |
| Analyst forward EPS growthFMP | 10.93% |
| Historical 5y revenue CAGRFY | 8.19% |
| Historical 5y EPS CAGRFY | 13.24% |
| Sustainable g (ROE × retention)Δ | 27.16% |
| Blended near-term growth (g₀) | 12.56% |
| Terminal growth (gₗ) | 3.12% |
Sources
- FMP /analyst-estimates— 8 rows(as of 2021-06-29)
- Treasury rates · 10y— 4.46% rf(as of 2026-05-12)
- market_risk_premium · DB— 4.46% ERP(as of 2026-05-13)
- Sector multiple defaults— Industrials (live sector PE unavailable)
- FMP /price-target-consensus— mean $249.00
This page is generated by a quantitative valuation engine for research purposes only and does not constitute investment advice. Methodology follows standard CFA / Damodaran frameworks; assumptions are driven by analyst consensus from Financial Modeling Prep and reported financial statements.