Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$50.78
-20.50% vs spot
Sell
Spot price
$63.87
Mkt cap $53.05B
subtle cardAnalyst PT consensus
$67.50
+5.68% vs spot
subtle cardMethods covered
18 / 19
15 in blend
subtle cardFootball field
CARR · fair-value range by method
Method comparison
CARR · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | $93.43 | $64.07 – $141.16 | +46.29% | 22.3% | WACC 6.8%, g₀=25.0%, gₗ=2.0% | high |
| DCF · FCFE | dcf | $44.85 | $35.43 – $57.70 | -29.78% | 16.8% | kₑ 10.6%, g₀=25.0%, gₗ=2.0% | high |
| DDM · Gordon | ddm | $10.35 | $9.27 – $11.71 | -83.79% | — | D₁ 0.87, kₑ 10.6%, gₗ 2.0% | med |
| DDM · H-model | ddm | $22.02 | $18.36 – $26.64 | -65.52% | — | D₀ 0.87, g₀=25.0%, gₗ=2.0%, H 5y | med |
| DDM · multi-stage | ddm | $16.81 | $14.29 – $19.34 | -73.67% | 5.6% | 5y schedule 25.0% → 2.0%, kₑ 10.6% | high |
| Residual income | income | $15.96 | $14.05 – $17.88 | -75.01% | 11.2% | BV 15.97, ROE 10.6% → kₑ | high |
| EVA / MVA | income | $93.58 | $82.35 – $104.81 | +46.52% | 7.8% | IC 25.2B, WACC 6.8% | high |
| P/E · sector | multiple | $34.00 | $29.92 – $38.08 | -46.77% | 13.4% | EPS 1.70 × peer P/E 20.0 | med |
| P/S · sector | multiple | $49.17 | $41.80 – $56.55 | -23.01% | 3.4% | Rev/sh 24.59 × peer P/S 2.00 | med |
| EV / EBITDA | multiple | $28.37 | $24.96 – $31.77 | -55.58% | 11.2% | EBITDA × peer 13.0× − ND 11.1B | high |
| EV / EBIT | multiple | $25.35 | $21.55 – $29.16 | -60.30% | 2.2% | EBIT × peer 15.6× − ND | med |
| EV / Sales | multiple | $29.23 | $24.85 – $33.62 | -54.23% | 2.2% | Sales × peer 1.70× − ND | med |
| PEG-anchored | multiple | $68.00 | $57.80 – $78.20 | +6.47% | 1.1% | PEG=1, fwd EPS g 64.7% | med |
| Earnings power | intrinsic | $20.75 | $18.26 – $23.24 | -67.51% | 0.6% | NOPAT / WACC, no growth | med |
| Graham revised | intrinsic | $81.34 | $69.14 – $93.54 | +27.35% | 0.6% | EPS×(8.5+2g)·4.4/Y | low |
| Lynch P/E=g | intrinsic | $42.50 | $36.13 – $48.87 | -33.46% | 0.6% | PE = g (25.0) | low |
| Book NAV | asset | $15.97 | $15.17 – $16.77 | -74.99% | 1.1% | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | $3.89 | $3.30 – $4.47 | -93.92% | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g 15.6% · Aggressive — well above sector trend | 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 (1.38)β | × 1.38 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 10.60% |
| Pre-tax cost of debtkd | 2.72% |
| Effective tax ratet | 7.0% |
| After-tax cost of debt | 2.53% |
| Equity weight$14.1B | 52.7% |
| Debt weight$12.7B | 47.3% |
| WACC | 6.79% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | 2.36% |
| Analyst forward EPS growthFMP | 64.66% |
| Historical 5y revenue CAGRFY | 1.35% |
| Historical 5y EPS CAGRFY | -2.35% |
| Sustainable g (ROE × retention)Δ | 5.10% |
| Blended near-term growth (g₀) | 25.00% |
| Terminal growth (gₗ) | 2.00% |
Sources
- FMP /analyst-estimates— 8 rows(as of 2022-12-30)
- 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 $67.50
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.