Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$589.91
+17.47% vs spot
Buy
Spot price
$502.16
Mkt cap $17.48B
subtle cardAnalyst PT consensus
$553.45
+10.21% vs spot
subtle cardMethods covered
17 / 19
15 in blend
subtle cardFootball field
LII · fair-value range by method
Method comparison
LII · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | $1,225.72 | $749.71 – $2,343.72 | +144.09% | 22.3% | WACC 4.6%, g₀=16.1%, gₗ=2.0% | high |
| DCF · FCFE | dcf | $374.22 | $293.20 – $486.88 | -25.48% | 16.8% | kₑ 9.9%, g₀=16.1%, gₗ=2.0% | high |
| DDM · Gordon | ddm | $60.99 | $54.16 – $69.79 | -87.85% | — | D₁ 4.74, kₑ 9.9%, gₗ 2.0% | med |
| DDM · H-model | ddm | $103.23 | $83.71 – $128.38 | -79.44% | — | D₀ 4.74, g₀=16.1%, gₗ=2.0%, H 5y | med |
| DDM · multi-stage | ddm | $82.97 | $70.52 – $95.41 | -83.48% | 5.6% | 5y schedule 16.1% → 2.0%, kₑ 9.9% | high |
| Residual income | income | $89.85 | $79.07 – $100.63 | -82.11% | 11.2% | BV 31.89, ROE 67.6% → kₑ | high |
| EVA / MVA | income | $1,361.98 | $1,198.55 – $1,525.42 | +171.22% | 7.8% | IC 3.2B, WACC 4.6% | high |
| P/E · sector | multiple | $444.40 | $391.07 – $497.73 | -11.50% | 13.4% | EPS 22.22 × peer P/E 20.0 | med |
| P/S · sector | multiple | $284.87 | $242.14 – $327.60 | -43.27% | 3.4% | Rev/sh 142.43 × peer P/S 2.00 | med |
| EV / EBITDA | multiple | $342.31 | $301.24 – $383.39 | -31.83% | 11.2% | EBITDA × peer 13.0× − ND 2.0B | high |
| EV / EBIT | multiple | $378.71 | $321.90 – $435.52 | -24.58% | 2.2% | EBIT × peer 15.6× − ND | med |
| EV / Sales | multiple | $186.49 | $158.51 – $214.46 | -62.86% | 2.2% | Sales × peer 1.70× − ND | med |
| PEG-anchored | multiple | $206.95 | $175.91 – $237.99 | -58.79% | 1.1% | PEG=1, fwd EPS g 9.3% | med |
| Earnings power | intrinsic | $432.95 | $381.00 – $484.90 | -13.78% | 0.6% | NOPAT / WACC, no growth | med |
| Graham revised | intrinsic | $893.43 | $759.42 – $1,027.45 | +77.92% | 0.6% | EPS×(8.5+2g)·4.4/Y | low |
| Lynch P/E=g | intrinsic | $358.37 | $304.62 – $412.13 | -28.63% | 0.6% | PE = g (16.1) | low |
| Book NAV | asset | $31.89 | $30.29 – $33.48 | -93.65% | 1.1% | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | — | — | — | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g -3.4% · 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 (1.23)β | × 1.23 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 9.93% |
| Pre-tax cost of debtkd | 1.98% |
| Effective tax ratet | 19.2% |
| After-tax cost of debt | 1.60% |
| Equity weight$1.2B | 36.0% |
| Debt weight$2.1B | 64.0% |
| WACC | 4.60% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | 7.90% |
| Analyst forward EPS growthFMP | 9.31% |
| Historical 5y revenue CAGRFY | 5.50% |
| Historical 5y EPS CAGRFY | 15.77% |
| Sustainable g (ROE × retention)Δ | 52.72% |
| Blended near-term growth (g₀) | 16.13% |
| Terminal growth (gₗ) | 2.00% |
Sources
- FMP /analyst-estimates— 8 rows(as of 2023-12-31)
- 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 $553.45
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.