Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$175.60
+176.36% vs spot
Strong Buy
Spot price
$63.54
Mkt cap $23.65B
subtle cardAnalyst PT consensus
$70.30
+10.64% vs spot
subtle cardMethods covered
20 / 22
11 in blend
subtle cardFootball field
WRB · fair-value range by method
Method comparison
WRB · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | $709.11 | $386.37 – $2,108.18 | +1016.01% | 5.0% | WACC 5.4%, g₀=4.8%, gₗ=4.1% | high |
| DCF · FCFE | dcf | $486.45 | $304.44 – $1,236.13 | +665.59% | 10.0% | kₑ 5.9%, g₀=4.8%, gₗ=4.1% | high |
| DDM · Gordon | ddm | $97.94 | $63.30 – $216.37 | +54.14% | 10.0% | D₁ 1.72, kₑ 5.9%, gₗ 4.1% | med |
| DDM · H-model | ddm | $101.24 | $63.30 – $254.83 | +59.33% | — | D₀ 1.72, g₀=4.8%, gₗ=4.1%, H 5y | med |
| DDM · multi-stage | ddm | $99.57 | $84.64 – $114.51 | +56.71% | 10.0% | 5y schedule 4.8% → 4.1%, kₑ 5.9% | high |
| Residual income | income | $31.08 | $27.35 – $34.81 | -51.08% | 18.0% | BV 23.84, ROE 18.3% → kₑ | high |
| EVA / MVA | income | $268.23 | $236.04 – $300.42 | +322.15% | 6.0% | IC 10.0B, WACC 5.4% | high |
| Excess returns | income | $45.81 | $40.31 – $51.31 | -27.90% | 12.0% | BV 23.84, ROE 18.3% | high |
| Justified P/E | multiple | $163.06 | $138.60 – $187.52 | +156.63% | 6.0% | Fair P/E 36.6 (payout 39%, kₑ 5.9%, g 4.8%) | med |
| P/E · sector | multiple | $62.30 | $54.82 – $69.78 | -1.95% | 8.0% | EPS 4.45 × peer P/E 14.0 | med |
| Justified P/B | multiple | $286.00 | $243.10 – $328.90 | +350.11% | 10.0% | Fair P/B 12.00 · ROE 18.3%, kₑ 5.9% | high |
| P/S · sector | multiple | $108.27 | $92.03 – $124.52 | +70.40% | — | Rev/sh 36.09 × peer P/S 3.00 | med |
| EV / EBITDA | multiple | $57.48 | $50.59 – $64.38 | -9.53% | — | EBITDA × peer 10.0× − ND 0.3B | high |
| EV / EBIT | multiple | $68.01 | $57.81 – $78.21 | +7.04% | — | EBIT × peer 12.0× − ND | med |
| EV / Sales | multiple | $91.30 | $77.60 – $104.99 | +43.69% | — | Sales × peer 2.55× − ND | med |
| PEG-anchored | multiple | $23.41 | $19.90 – $26.92 | -63.16% | — | PEG=1, fwd EPS g 5.3% | med |
| Earnings power | intrinsic | $83.92 | $73.85 – $93.99 | +32.08% | — | NOPAT / WACC, no growth | med |
| Graham revised | intrinsic | $79.59 | $67.65 – $91.53 | +25.27% | — | EPS×(8.5+2g)·4.4/Y | low |
| Lynch P/E=g | intrinsic | $22.25 | $18.91 – $25.59 | -64.98% | — | PE = g (4.8) | low |
| Book NAV | asset | $23.84 | $22.64 – $25.03 | -62.49% | 5.0% | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | — | — | — | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g -20.0% · 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 (0.33)β | × 0.33 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 5.94% |
| Pre-tax cost of debtkd | 4.47% |
| Effective tax ratet | 20.1% |
| After-tax cost of debt | 3.57% |
| Equity weight$9.7B | 77.4% |
| Debt weight$2.8B | 22.6% |
| WACC | 5.40% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | -12.77% |
| Analyst forward EPS growthFMP | 5.26% |
| Historical 5y revenue CAGRFY | 11.67% |
| Historical 5y EPS CAGRFY | 16.21% |
| Sustainable g (ROE × retention)Δ | 11.11% |
| Blended near-term growth (g₀) | 4.82% |
| Terminal growth (gₗ) | 4.11% |
Sources
- FMP /analyst-estimates— 8 rows(as of 2021-12-30)
- 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— Financial Services (live sector PE unavailable)
- FMP /price-target-consensus— mean $70.30
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.