Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$23.81
-73.23% vs spot
Sell
Spot price
$88.95
Mkt cap $32.17B
subtle cardAnalyst PT consensus
$106.73
+19.99% vs spot
subtle cardMethods covered
13 / 15
10 in blend
subtle cardFootball field
EL · fair-value range by method
Method comparison
EL · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | $40.01 | $39.74 – $93.88 | -55.02% | 30.5% | WACC 4.5%, g₀=-5.0%, gₗ=2.0% | high |
| DCF · FCFE | dcf | $13.50 | $15.99 – $17.46 | -84.82% | 22.9% | kₑ 9.9%, g₀=-5.0%, gₗ=2.0% | high |
| DDM · Gordon | ddm | $24.87 | $22.06 – $28.49 | -72.04% | — | D₁ 1.92, kₑ 9.9%, gₗ 2.0% | low |
| DDM · H-model | ddm | $16.34 | $22.06 – $22.91 | -81.64% | — | D₀ 1.92, g₀=-5.0%, gₗ=2.0%, H 5y | low |
| DDM · multi-stage | ddm | $21.11 | $17.95 – $24.28 | -76.26% | 7.6% | 5y schedule -5.0% → 2.0%, kₑ 9.9% | low |
| Residual income | income | $4.23 | $3.72 – $4.74 | -95.25% | 15.3% | BV 11.99, ROE -29.3% → kₑ | low |
| EVA / MVA | income | $5.29 | $4.66 – $5.93 | -94.05% | 10.7% | IC 10.4B, WACC 4.5% | high |
| P/S · sector | multiple | $70.90 | $60.26 – $81.53 | -20.29% | 4.6% | Rev/sh 44.31 × peer P/S 1.60 | med |
| EV / EBITDA | multiple | -$11.83 | -$10.41 – -$13.26 | -113.31% | — | EBITDA × peer 14.0× − ND 6.5B | high |
| EV / EBIT | multiple | $29.70 | $25.25 – $34.16 | -66.61% | 3.1% | EBIT × peer 16.8× − ND | med |
| EV / Sales | multiple | $40.05 | $34.04 – $46.06 | -54.97% | 3.1% | Sales × peer 1.36× − ND | med |
| Earnings power | intrinsic | $15.82 | $13.92 – $17.72 | -82.22% | 0.8% | NOPAT / WACC, no growth | med |
| Book NAV | asset | $11.99 | $11.39 – $12.59 | -86.52% | 1.5% | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | — | — | — | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g 10.0% · Reasonable — in line with 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 (1.21)β | × 1.21 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 9.86% |
| Pre-tax cost of debtkd | 4.28% |
| Effective tax ratet | 45.0% |
| After-tax cost of debt | 2.35% |
| Equity weight$3.9B | 29.1% |
| Debt weight$9.4B | 70.9% |
| WACC | 4.53% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | 4.74% |
| Analyst forward EPS growthFMP | — |
| Historical 5y revenue CAGRFY | -3.11% |
| Historical 5y EPS CAGRFY | -48.24% |
| Sustainable g (ROE × retention)Δ | -29.31% |
| Blended near-term growth (g₀) | -5.00% |
| Terminal growth (gₗ) | 2.00% |
Sources
- FMP /analyst-estimates— 8 rows(as of 2023-06-29)
- 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— Consumer Defensive (live sector PE unavailable)
- FMP /price-target-consensus— mean $106.73
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.