Valuation range
Every method on one axis, with the current price drawn across all of them. A single point estimate hides how much the methods disagree and where the market sits inside that disagreement, and both are usually more informative than the number itself.
Ranges
Company
Import from saved
Nothing saved yet. Build a model in the DCF or trading comparables tool and save it, and it will appear here as a range you can plot. You can also add a band by hand.
52 week range
No weight yet. A band with no width is not on the chart, so it cannot carry a share of a figure taken from the chart.
DCF bear to bull
DCF scenarios, base tick
Even split: 100.0% across 1 band. Enter a weight to pin one.
Valuation range
- DCF bear to bullDCF bear to bull, Intrinsic: $19.52 to $32.21
Buy-below price
| Weighted fair valueevery band at its midpoint, weighted | $25.24 |
|---|---|
| Lowest weighted method | $19.52 |
| Highest weighted method | $32.21 |
| Required discounthigh uncertainty | 40.00% |
| Buy-below price$25.24 x (1 - 40%) | $15.15 |
Add a current price to see where it sits against the buy-below price.
The wider apart the weighted methods sit, the bigger the discount asked for: 20% when the gap from the lowest to the highest method is under a quarter of fair value, up to 75% when it is more than 1.2 times fair value. The 52 week range and analyst targets are left out of that gap.
What this shows
1 method plotted. Add a current price to see where the market sits.
One method is plotted, so there is nothing to agree or disagree with it yet. Import or add a second before reading anything into where the price sits.
Weighted figure
| DCF bear to bull100.0% x $25.24 | $25.24 |
|---|---|
| Weighted midpoint$25.24 | $25.24 |
Each band read at its midpoint, multiplied by its weight and added up. Change the scenario above and the same weights are applied to the other end of every band.
Read at the low end of every band the weighted figure is $19.52, at every midpoint $25.24, and at every high end $32.21. It is your blend rather than a claim about the methods, so it can sit outside the overlap without either being wrong.
Scenario
| Read at | Cheapest | Median | Richest | Spread |
|---|---|---|---|---|
| Every method at its low end | $19.52 | $19.52 | $19.52 | $0.00 |
| Every method at its midpoint selected | $25.24 | $25.24 | $25.24 | $0.00 |
| Every method at its high end | $32.21 | $32.21 | $32.21 | $0.00 |
Median across methods rather than mean, because a handful of methods is a small enough set that one outlier would drag a mean somewhere no method actually is. The spread is how far apart the cheapest and richest methods are when read the same way, which is the part a single number always hides.