Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$18.48
-75.70% vs spot
Sell
Spot price
$76.05
Mkt cap $19.42B
subtle cardAnalyst PT consensus
$87.75
+15.38% vs spot
subtle cardMethods covered
15 / 16
11 in blend
subtle cardFootball field
IFF · fair-value range by method
Method comparison
IFF · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | -$8.86 | -$6.86 – -$1.70 | -111.65% | — | WACC 6.9%, g₀=-4.8%, gₗ=2.0% | high |
| DCF · FCFE | dcf | $2.35 | $2.72 – $3.12 | -96.92% | 24.8% | kₑ 8.7%, g₀=-4.8%, gₗ=2.0% | high |
| DDM · Gordon | ddm | $26.31 | $22.88 – $30.96 | -65.40% | — | D₁ 1.72, kₑ 8.7%, gₗ 2.0% | low |
| DDM · H-model | ddm | $17.57 | $22.88 – $25.22 | -76.90% | — | D₀ 1.72, g₀=-4.8%, gₗ=2.0%, H 5y | low |
| DDM · multi-stage | ddm | $22.42 | $19.06 – $25.79 | -70.52% | 8.3% | 5y schedule -4.8% → 2.0%, kₑ 8.7% | low |
| Residual income | income | $45.50 | $40.04 – $50.96 | -40.18% | 16.5% | BV 59.65, ROE -2.6% → kₑ | low |
| EVA / MVA | income | $6.02 | $5.30 – $6.75 | -92.08% | 11.6% | IC 20.2B, WACC 6.9% | high |
| Justified P/B | multiple | $9.51 | $8.08 – $10.93 | -87.50% | 8.3% | Fair P/B 0.16 · ROE -2.6%, kₑ 8.7% | low |
| P/S · sector | multiple | $68.68 | $58.38 – $78.98 | -9.69% | 5.0% | Rev/sh 45.79 × peer P/S 1.50 | med |
| EV / EBITDA | multiple | $3.99 | $3.52 – $4.47 | -94.75% | 16.5% | EBITDA × peer 9.0× − ND 6.1B | high |
| EV / EBIT | multiple | $19.93 | $16.94 – $22.91 | -73.80% | 3.3% | EBIT × peer 10.8× − ND | med |
| EV / Sales | multiple | $32.90 | $27.96 – $37.83 | -56.75% | 3.3% | Sales × peer 1.27× − ND | med |
| Earnings power | intrinsic | $29.75 | $26.18 – $33.32 | -60.88% | 0.8% | NOPAT / WACC, no growth | med |
| Book NAV | asset | $59.65 | $56.66 – $62.63 | -21.57% | 1.7% | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | $28.18 | $23.95 – $32.40 | -62.95% | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g 41.2% · Heroic — market needs ≥25% FCF growth | 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 (0.94)β | × 0.94 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 8.67% |
| Pre-tax cost of debtkd | 3.44% |
| Effective tax ratet | 9.4% |
| After-tax cost of debt | 3.12% |
| Equity weight$14.2B | 68.1% |
| Debt weight$6.7B | 31.9% |
| WACC | 6.90% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | -1.29% |
| Analyst forward EPS growthFMP | — |
| Historical 5y revenue CAGRFY | -1.69% |
| Historical 5y EPS CAGRFY | -13.64% |
| Sustainable g (ROE × retention)Δ | -2.64% |
| Blended near-term growth (g₀) | -4.78% |
| 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— Basic Materials (live sector PE unavailable)
- FMP /price-target-consensus— mean $87.75
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.