Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$62.24
-27.77% vs spot
Sell
Spot price
$86.17
Mkt cap $12.19B
subtle cardAnalyst PT consensus
$111.67
+29.59% vs spot
subtle cardMethods covered
13 / 15
11 in blend
subtle cardFootball field
HAS · fair-value range by method
Method comparison
HAS · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | $110.82 | $116.38 – $199.49 | +28.61% | 26.5% | WACC 5.1%, g₀=-5.0%, gₗ=2.0% | high |
| DCF · FCFE | dcf | $67.26 | $75.80 – $96.91 | -21.95% | 19.9% | kₑ 6.8%, g₀=-5.0%, gₗ=2.0% | high |
| DDM · Gordon | ddm | $54.01 | $44.64 – $68.35 | -37.32% | — | D₁ 2.52, kₑ 6.8%, gₗ 2.0% | low |
| DDM · H-model | ddm | $35.48 | $44.64 – $54.95 | -58.83% | — | D₀ 2.52, g₀=-5.0%, gₗ=2.0%, H 5y | low |
| DDM · multi-stage | ddm | $45.64 | $38.80 – $52.49 | -47.03% | 6.6% | 5y schedule -5.0% → 2.0%, kₑ 6.8% | low |
| Residual income | income | $0.48 | $0.42 – $0.54 | -99.44% | 13.2% | BV 3.64, ROE -57.0% → kₑ | low |
| EVA / MVA | income | $107.45 | $94.56 – $120.35 | +24.70% | 9.3% | IC 3.2B, WACC 5.1% | high |
| P/S · sector | multiple | $54.41 | $46.24 – $62.57 | -36.86% | 4.0% | Rev/sh 30.23 × peer P/S 1.80 | med |
| EV / EBITDA | multiple | $2.58 | $2.27 – $2.88 | -97.01% | 13.2% | EBITDA × peer 13.0× − ND 2.6B | high |
| EV / EBIT | multiple | $89.24 | $75.85 – $102.62 | +3.56% | 2.6% | EBIT × peer 15.6× − ND | med |
| EV / Sales | multiple | $29.37 | $24.97 – $33.78 | -65.91% | 2.6% | Sales × peer 1.53× − ND | med |
| Earnings power | intrinsic | $116.92 | $102.89 – $130.95 | +35.68% | 0.7% | NOPAT / WACC, no growth | med |
| Book NAV | asset | $3.64 | $3.45 – $3.82 | -95.78% | 1.3% | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | — | — | — | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g -11.1% · 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 (0.52)β | × 0.52 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 6.77% |
| Pre-tax cost of debtkd | 4.80% |
| Effective tax ratet | 0.0% |
| After-tax cost of debt | 4.80% |
| Equity weight$0.6B | 14.3% |
| Debt weight$3.4B | 85.7% |
| WACC | 5.08% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | 5.99% |
| Analyst forward EPS growthFMP | — |
| Historical 5y revenue CAGRFY | -7.50% |
| Historical 5y EPS CAGRFY | -5.81% |
| Sustainable g (ROE × retention)Δ | -57.01% |
| Blended near-term growth (g₀) | -5.00% |
| Terminal growth (gₗ) | 2.00% |
Sources
- FMP /analyst-estimates— 8 rows(as of 2023-12-28)
- 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 Cyclical (live sector PE unavailable)
- FMP /price-target-consensus— mean $111.67
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.