Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$700.08
+92.38% vs spot
Strong Buy
Spot price
$363.90
Mkt cap $22.2B
subtle cardAnalyst PT consensus
$428.75
+17.82% vs spot
subtle cardMethods covered
18 / 19
15 in blend
subtle cardFootball field
RL · fair-value range by method
Method comparison
RL · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | $1,880.49 | $1,139.00 – $3,819.44 | +416.76% | 22.3% | WACC 5.9%, g₀=25.0%, gₗ=3.6% | high |
| DCF · FCFE | dcf | $555.44 | $428.36 – $737.01 | +52.63% | 16.8% | kₑ 10.6%, g₀=25.0%, gₗ=3.6% | high |
| DDM · Gordon | ddm | $48.94 | $42.86 – $57.02 | -86.55% | — | D₁ 3.33, kₑ 10.6%, gₗ 3.6% | med |
| DDM · H-model | ddm | $99.50 | $80.94 – $124.20 | -72.66% | — | D₀ 3.33, g₀=25.0%, gₗ=3.6%, H 5y | med |
| DDM · multi-stage | ddm | $76.99 | $65.44 – $88.54 | -78.84% | 5.6% | 5y schedule 25.0% → 3.6%, kₑ 10.6% | high |
| Residual income | income | $61.79 | $54.37 – $69.20 | -83.02% | 11.2% | BV 42.89, ROE 28.7% → kₑ | high |
| EVA / MVA | income | $1,140.25 | $1,003.42 – $1,277.08 | +213.34% | 7.8% | IC 3.3B, WACC 5.9% | high |
| P/E · sector | multiple | $232.20 | $204.34 – $260.06 | -36.19% | 13.4% | EPS 11.61 × peer P/E 20.0 | med |
| P/S · sector | multiple | $211.11 | $179.44 – $242.77 | -41.99% | 3.4% | Rev/sh 117.28 × peer P/S 1.80 | med |
| EV / EBITDA | multiple | $249.20 | $219.30 – $279.11 | -31.52% | 11.2% | EBITDA × peer 13.0× − ND 0.7B | high |
| EV / EBIT | multiple | $228.55 | $194.27 – $262.83 | -37.19% | 2.2% | EBIT × peer 15.6× − ND | med |
| EV / Sales | multiple | $167.09 | $142.02 – $192.15 | -54.08% | 2.2% | Sales × peer 1.53× − ND | med |
| PEG-anchored | multiple | $464.40 | $394.74 – $534.06 | +27.62% | 1.1% | PEG=1, fwd EPS g 57.6% | med |
| Earnings power | intrinsic | $196.76 | $173.15 – $220.37 | -45.93% | 0.6% | NOPAT / WACC, no growth | med |
| Graham revised | intrinsic | $555.51 | $472.18 – $638.84 | +52.65% | 0.6% | EPS×(8.5+2g)·4.4/Y | low |
| Lynch P/E=g | intrinsic | $290.25 | $246.71 – $333.79 | -20.24% | 0.6% | PE = g (25.0) | low |
| Book NAV | asset | $42.89 | $40.74 – $45.03 | -88.22% | 1.1% | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | $17.41 | $14.80 – $20.03 | -95.21% | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g -10.8% · 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 (1.39)β | × 1.39 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 10.65% |
| Pre-tax cost of debtkd | 1.65% |
| Effective tax ratet | 19.9% |
| After-tax cost of debt | 1.32% |
| Equity weight$2.6B | 49.2% |
| Debt weight$2.7B | 50.8% |
| WACC | 5.91% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | 21.30% |
| Analyst forward EPS growthFMP | 57.64% |
| Historical 5y revenue CAGRFY | 12.62% |
| Historical 5y EPS CAGRFY | 12.84% |
| Sustainable g (ROE × retention)Δ | 20.93% |
| Blended near-term growth (g₀) | 25.00% |
| Terminal growth (gₗ) | 3.59% |
Sources
- FMP /analyst-estimates— 8 rows(as of 2023-03-28)
- 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 $428.75
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.