Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$1,220.34
-33.29% vs spot
Sell
Spot price
$1,829.28
Mkt cap $64.4B
subtle cardAnalyst PT consensus
$1,923.20
+5.13% vs spot
subtle cardMethods covered
18 / 19
15 in blend
subtle cardFootball field
FIX · fair-value range by method
Method comparison
FIX · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | $2,793.50 | $1,715.59 – $5,570.92 | +52.71% | 22.3% | WACC 9.4%, g₀=25.0%, gₗ=7.0% | high |
| DCF · FCFE | dcf | $1,236.16 | $908.69 – $1,754.74 | -32.42% | 16.8% | kₑ 12.1%, g₀=25.0%, gₗ=7.0% | high |
| DDM · Gordon | ddm | $40.45 | $33.78 – $50.40 | -97.79% | — | D₁ 1.91, kₑ 12.1%, gₗ 7.0% | low |
| DDM · H-model | ddm | $74.48 | $57.46 – $99.87 | -95.93% | — | D₀ 1.91, g₀=25.0%, gₗ=7.0%, H 5y | low |
| DDM · multi-stage | ddm | $59.14 | $50.27 – $68.01 | -96.77% | 5.6% | 5y schedule 25.0% → 7.0%, kₑ 12.1% | low |
| Residual income | income | $123.48 | $108.66 – $138.30 | -93.25% | 11.2% | BV 68.11, ROE 41.8% → kₑ | high |
| EVA / MVA | income | $2,156.80 | $1,897.98 – $2,415.62 | +17.90% | 7.8% | IC 2.3B, WACC 9.4% | high |
| P/E · sector | multiple | $577.60 | $508.29 – $646.91 | -68.42% | 13.4% | EPS 28.88 × peer P/E 20.0 | med |
| P/S · sector | multiple | $506.32 | $430.37 – $582.27 | -72.32% | 3.4% | Rev/sh 253.16 × peer P/S 2.00 | med |
| EV / EBITDA | multiple | $527.74 | $464.41 – $591.07 | -71.15% | 11.2% | EBITDA × peer 13.0× − ND -0.2B | high |
| EV / EBIT | multiple | $575.01 | $488.76 – $661.26 | -68.57% | 2.2% | EBIT × peer 15.6× − ND | med |
| EV / Sales | multiple | $435.82 | $370.45 – $501.20 | -76.18% | 2.2% | Sales × peer 1.70× − ND | med |
| PEG-anchored | multiple | $1,155.20 | $981.92 – $1,328.48 | -36.85% | 1.1% | PEG=1, fwd EPS g 49.4% | med |
| Earnings power | intrinsic | $310.25 | $273.02 – $347.48 | -83.04% | 0.6% | NOPAT / WACC, no growth | med |
| Graham revised | intrinsic | $1,381.84 | $1,174.56 – $1,589.11 | -24.46% | 0.6% | EPS×(8.5+2g)·4.4/Y | low |
| Lynch P/E=g | intrinsic | $722.00 | $613.70 – $830.30 | -60.53% | 0.6% | PE = g (25.0) | low |
| Book NAV | asset | $68.11 | $64.71 – $71.52 | -96.28% | 1.1% | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | $22.56 | $19.17 – $25.94 | -98.77% | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g 14.2% · 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 (1.71)β | × 1.71 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 12.06% |
| Pre-tax cost of debtkd | 1.15% |
| Effective tax ratet | 21.9% |
| After-tax cost of debt | 0.89% |
| Equity weight$2.4B | 75.7% |
| Debt weight$0.8B | 24.3% |
| WACC | 9.35% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | 30.66% |
| Analyst forward EPS growthFMP | 49.40% |
| Historical 5y revenue CAGRFY | 31.18% |
| Historical 5y EPS CAGRFY | 64.65% |
| Sustainable g (ROE × retention)Δ | 38.95% |
| Blended near-term growth (g₀) | 25.00% |
| Terminal growth (gₗ) | 7.00% |
Sources
- FMP /analyst-estimates— 8 rows(as of 2021-12-30)
- 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 $1,923.20
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.