Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$185.99
-13.23% vs spot
Underweight
Spot price
$214.34
Mkt cap $120.04B
subtle cardAnalyst PT consensus
$288.25
+34.48% vs spot
subtle cardMethods covered
16 / 18
13 in blend
subtle cardFootball field
LOW · fair-value range by method
Method comparison
LOW · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | $184.70 | $147.29 – $247.18 | -13.83% | 25.8% | WACC 9.1%, g₀=4.0%, gₗ=2.0% | high |
| DCF · FCFE | dcf | $184.29 | $146.97 – $247.76 | -14.02% | 19.4% | kₑ 8.5%, g₀=4.0%, gₗ=2.0% | high |
| DDM · Gordon | ddm | $67.93 | $58.86 – $80.30 | -68.31% | — | D₁ 4.32, kₑ 8.5%, gₗ 2.0% | med |
| DDM · H-model | ddm | $74.54 | $58.86 – $99.93 | -65.22% | — | D₀ 4.32, g₀=4.0%, gₗ=2.0%, H 5y | med |
| DDM · multi-stage | ddm | $71.10 | $60.43 – $81.76 | -66.83% | 6.5% | 5y schedule 4.0% → 2.0%, kₑ 8.5% | high |
| Justified P/E | multiple | $108.33 | $92.08 – $124.58 | -49.46% | 7.7% | Fair P/E 9.1 (payout 40%, kₑ 8.5%, g 4.0%) | low |
| P/E · sector | multiple | $237.00 | $208.56 – $265.44 | +10.57% | 15.5% | EPS 11.85 × peer P/E 20.0 | med |
| P/S · sector | multiple | $254.75 | $216.53 – $292.96 | +18.85% | 3.9% | Rev/sh 141.53 × peer P/S 1.80 | med |
| EV / EBITDA | multiple | $217.72 | $191.59 – $243.84 | +1.58% | 12.9% | EBITDA × peer 13.0× − ND 6.2B | high |
| EV / EBIT | multiple | $249.61 | $212.17 – $287.05 | +16.45% | 2.6% | EBIT × peer 15.6× − ND | med |
| EV / Sales | multiple | $206.36 | $175.40 – $237.31 | -3.72% | 2.6% | Sales × peer 1.53× − ND | med |
| PEG-anchored | multiple | $63.02 | $53.57 – $72.47 | -70.60% | 1.3% | PEG=1, fwd EPS g 5.3% | med |
| Earnings power | intrinsic | $128.60 | $113.17 – $144.03 | -40.00% | 0.6% | NOPAT / WACC, no growth | med |
| Graham revised | intrinsic | $192.56 | $163.67 – $221.44 | -10.16% | 0.6% | EPS×(8.5+2g)·4.4/Y | low |
| Lynch P/E=g | intrinsic | $59.25 | $50.36 – $68.14 | -72.36% | 0.6% | PE = g (4.0) | low |
| Book NAV | asset | -$16.27 | -$15.45 – -$17.08 | -107.59% | — | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | — | — | — | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g 5.5% · Conservative — modest implied growth | high |
Cost-of-capital build-up
CAPM cost of equity, after-tax cost of debt, WACC. Risk-free as of 2026-05-12.
| Risk-free rate (US 10y Treasury)rf | 4.46% |
| Equity beta (0.90)β | × 0.90 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 8.49% |
| Pre-tax cost of debtkd | 12.00% |
| Effective tax ratet | 23.9% |
| After-tax cost of debt | 9.13% |
| Equity weight$-9.9B | -991700000000.0% |
| Debt weight$7.2B | 718700000000.0% |
| WACC | 9.13% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | 7.93% |
| Analyst forward EPS growthFMP | 5.32% |
| Historical 5y revenue CAGRFY | -2.70% |
| Historical 5y EPS CAGRFY | -0.38% |
| Sustainable g (ROE × retention)Δ | — |
| Blended near-term growth (g₀) | 3.99% |
| Terminal growth (gₗ) | 2.00% |
Sources
- FMP /analyst-estimates— 8 rows(as of 2024-01-30)
- 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— Consumer Cyclical (live sector PE unavailable)
- FMP /price-target-consensus— mean $288.25
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.