Intrinsic Value
Calculator.
Pick any stock this site tracks, set your own growth and discount rate, and see what a discounted-cash-flow model says it is worth today: and how much margin of safety, if any, that leaves against the current price. The answer is only as good as the assumptions you choose, so the sliders start at neutral baselines and every one is yours to change.
Not sure which discount rate to use? Work it out below. Want stocks that already clear a margin-of-safety bar? Try the Margin of Safety Explorer.
On Oct 23, 2026, this site's baseline DCF (free cash flow growing 8% a year and fading to 2.5% over 10 years, discounted at 10%) values 365 tracked stocks with positive free cash flow, and 126 of them trade below that value. The widest gap is APA (APA), with a price 79% below its DCF value; the median stock sits 29% above it.
What is this stock worth under your assumptions?
Pick any of the ~500 tracked stocks, then set your own growth, discount, and terminal-growth assumptions. No "our estimate" here: just your numbers, run through a standard two-stage DCF, instantly.
Search for a stock to get started.
Based on trailing free cash flow of …/share, compounded at your growth rate (fading to your terminal growth rate by the final year) and discounted back at your discount rate.
Year-by-year projection
| Year | Growth applied | Projected FCF/share | Discount factor | Present value |
|---|---|---|---|---|
Growth fades linearly from your growth-rate slider at Year 1 to your terminal-growth-rate slider by the final projection year, so the transition into the terminal value isn't an abrupt cliff. Each present value is that year's projected FCF/share divided by (1 + discount rate)year. The intrinsic value above is the sum of every present value in this table plus the present value of the terminal value.
A two-stage discounted cash flow model with a tapering growth rate: your growth rate compounds today's trailing free cash flow per share, fading toward your terminal growth rate over the projection period, then a terminal value captures everything beyond it; both are discounted back to today at your discount rate. Every number driving the result is one you set, not one we predicted for you. Educational tool only, not investment advice.
Which discount rate should you use?
A discount rate answers one question: how much less is a dollar you'll receive in the future worth to you today? Turn it up and you're demanding more compensation for waiting and for risk, which makes every future dollar worth less right now; turn it down and the opposite. It's the single assumption a DCF is most sensitive to, so it gets its own tool instead of a buried slider.
Drag the dial, or use the reference points below.
Quantitative approximations distilled from publicly known interviews and letters, not endorsed by any of these investors or their estates, and not this site's actual criteria for anything. Lynch isn't included here on purpose: he was famously light on formal discounting and read a stock through its PEG ratio instead.
What $1 tomorrow is worth today
Left to right: what $1 paid to you in year 1 through year 10 is worth right now, at your current rate. "Forever" is the textbook shortcut for a cash flow that never grows and never stops (100 ÷ rate), the same math sitting underneath every terminal value on this site.
The textbook version: CAPM
How much does this actually move a real stock?
Risk-free rate is the real 10-year Treasury yield (FRED, updated weekly); beta comes from the same weekly fundamentals fetch as the rest of this site. The equity risk premium (5%) is a standard long-run assumption, stated plainly rather than presented as fetched data. Nothing here is pre-filled as "our recommendation"; the dial defaults to 10%, this site's own neutral baseline, and every reference point is one click to apply, never applied automatically. Educational tool only, not investment advice.
Which stocks trade furthest below their DCF value?
On Oct 23, 2026, this site's baseline DCF (free cash flow growing 8% a year and fading to 2.5% over 10 years, discounted at 10%) values 365 tracked stocks with positive free cash flow, and 126 of them trade below that value. The widest gap is APA (APA), with a price 79% below its DCF value; the median stock sits 29% above it.
| Stock | Price | Free cash flow per share | DCF value | Margin of safety |
|---|---|---|---|---|
| APAAPA Corporation | $49.44 | $13.82 | $236.00 | 79% |
| CNCCentene Corp | $71.24 | $17.48 | $298.41 | 76% |
| CHTRCharter Communications Inc | $111.77 | $25.00 | $426.89 | 74% |
| CMCSAComcast Corp | $22.84 | $4.99 | $85.20 | 73% |
| MGMMGM Resorts International | $29.50 | $6.13 | $104.70 | 72% |
| FFord Motor Co | $11.94 | $2.10 | $35.77 | 67% |
| OMCOmnicom Group Inc | $82.56 | $13.34 | $227.87 | 64% |
| LDOSLeidos Holdings Inc | $134.73 | $21.35 | $364.50 | 63% |
| EXPEExpedia Group Inc | $298.49 | $43.11 | $736.07 | 59% |
| CAGConagra Brands Inc | $15.07 | $2.15 | $36.71 | 59% |
Margin of safety is the gap between the DCF value and the price, as a share of the value. A very wide gap usually means the neutral baseline does not fit that company's cash flow this year (heavy reinvestment, a thin or temporary quarter), not that the market is wrong. Banks, insurers, REITs and utilities are left out because free cash flow means something different for them. Change the growth and discount rate in the calculator above, or read how the margin of safety is calculated.
Free cash flow per share from each company's filings and prices from the weekly data refresh. Educational content only, not investment advice.
Frequently asked questions
What is intrinsic value?
An estimate of what a business is worth based on the cash it can produce for its owners, discounted back to today. This calculator uses a two-stage discounted cash flow (DCF): free cash flow per share grows at the rate you choose, fades toward a terminal rate, and is discounted at the return you require.
What assumptions does the calculator start with?
The site's neutral baseline: 8% growth fading to 2.5% over 10 years, a 10% discount rate and 2.5% terminal growth. You can change every one. The same baseline sits behind every margin of safety on the site, so a stock's own page and this tool agree.
Why does growth fade instead of staying flat?
Because high growth rarely lasts: competition pulls returns and growth back toward the economy's. Holding 8% for ten years and then dropping to 2.5% overstates value by about 20% against fading smoothly. The method is explained on the margin of safety page.
Does a DCF work for banks, REITs and utilities?
No. A bank's operating cash flow moves with deposits and loans, real estate is valued on property income and a regulated utility reinvests nearly all its cash, so free cash flow means something different. This site leaves those sectors out of every DCF.
Is the DCF value a price target?
No. It is an estimate under stated assumptions, and small changes in the growth or discount rate move it a lot. Use it to see what a price assumes, then check the assumptions against the business.
A free intrinsic value calculator (DCF)
This intrinsic value calculator runs a two-stage discounted cash flow (DCF) model on the real free cash flow per share of any stock we track. Set the growth rate, discount rate, terminal growth and number of years to see the intrinsic value per share and the margin of safety against today's price. Growth fades toward the terminal rate each year, the same model used across the site, and the discount rate calculator below shows how much that one assumption moves the answer. The two inputs that move the answer most are defined in the glossary: discount rate and intrinsic value. Stocks that look cheap on four lenses at once are on Compounders at a Fair Price. The method is written down: how the margin of safety is calculated. New to the idea? Read what a margin of safety is.