Free valuation tool

Fair Value Calculator

Estimate intrinsic value for US stocks with DCF and multiples.

10,000+ with PremiumDCF + multiplesBear / Base / Bull
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DCF and multiples

Estimate intrinsic value two ways and see where the methods agree.

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Bear, base, and bull

Every estimate comes as a scenario range, not a single false-precision number.

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Fair value at a glance

See how today's price compares to the estimated range for 10,000+ stocks. The S&P 500 is free, and Premium unlocks the full universe.

Value a popular stock

Open a company model with its reported financial history already available for review.

How the calculator works

Pick a stock and the calculator estimates its intrinsic value using two complementary approaches. A discounted cash flow model projects and discounts future cash flows, while relative multiples such as P/E, P/FCF, EV/EBITDA, and EV/Sales anchor the value to how comparable businesses are priced.

Every estimate is framed with bear, base, and bull scenarios, so you see a fair-value range rather than a single false-precision number. Reviewing the growth, margin, and discount-rate assumptions behind each scenario is where the real insight is.

DCF versus multiples

A discounted cash flow model is rigorous but sensitive, because small changes in the growth rate or discount rate move the output a lot. Relative multiples are quick and market-grounded, but they inherit whatever optimism or pessimism is currently priced into the peer group.

Neither method is authoritative on its own. Where a cash-flow-based value and a multiples-based value roughly agree, you can hold the estimate with more confidence. Where they diverge, the gap tells you which assumptions to examine.

Reading a fair-value range

Treat the output as a range with a margin of safety, not a price target. A stock trading comfortably below the base-case estimate offers more cushion if your assumptions prove too optimistic, while one trading above even the bull case is pricing in a lot of good news.

Cross-check the result by comparing the company against its peers. A valuation that looks cheap in isolation can look ordinary next to a stronger rival trading at a similar multiple.

Screen by strategy

Start from a ready-made strategy, then refine the filters.

Frequently asked questions

Practical details about using this tool and interpreting its output.

No single method is reliably best. Combining a discounted cash flow model with relative multiples gives a more balanced fair-value range than either alone, because they fail in different ways.

Scenario analysis makes the uncertainty explicit and stops you from treating one estimate as a guaranteed outcome. Seeing the downside and upside side by side is more useful for sizing risk than a single number.

Intrinsic value is an estimate of what a business is actually worth based on the cash it can generate, independent of its current share price. Comparing the two is the basis of value investing.

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