TOOLS
DCF Fair Value Calculator
Calculate the intrinsic value of any stock using discounted cash flow analysis. Adjust assumptions to see how they impact fair value.
SEARCH STOCK
Search to auto-fill real company data
COMPANY DATA
YOUR ASSUMPTIONS
YOUR DCF RESULT
CALCULATED FAIR VALUE
$236.67
MARKET
$100.00
YOUR DCF
$236.67
MARGIN
$136.67
VALUE BREAKDOWN
SENSITIVITY CHECK
Try adjusting growth rate by ±2% and discount rate by ±1% to see how sensitive your fair value is to assumptions.
POPULAR STOCKS — PRE-FILLED
Jump straight to a calculator pre-filled with the company's real free cash flow, share count, and live price:
HOW TO USE THIS CALCULATOR
WHERE TO FIND FCF
Look up the company annual Free Cash Flow in their financial statements or on financial data sites. Use the trailing twelve months figure.
GROWTH RATE
Use the historical 5-year FCF growth rate as a starting point. Be conservative for large companies — sustained growth above 15% is rare.
DISCOUNT RATE
8-10% for large stable blue-chip companies. 10-12% for mid-caps. 12-15% for unprofitable or high-risk growth stocks.
TERMINAL GROWTH
Should not exceed long-term GDP growth (2-3%). This is the most sensitive input — even 0.5% change can move fair value by 20% or more.
GET ALERTS
Skip the spreadsheet. Get fair values instantly.
Fair Price Index calculates DCF-based fair values for the top 10K stocks daily. Get push notifications when valuations shift.
Trusted by 500+ investors · Free tier available · PRO $2.99/month
ABOUT DCF ANALYSIS
Understanding Discounted Cash Flow
Discounted Cash Flow (DCF) analysis is the gold standard of fundamental stock valuation. It calculates what a business is worth today based on projections of how much cash it will generate in the future, adjusted for the time value of money.
This calculator projects free cash flow forward using your growth rate assumption, then discounts each year back to present value using your discount rate. It also calculates a terminal value representing all cash flows beyond the projection period, assuming perpetual growth at your terminal rate.
The sum of discounted cash flows and terminal value equals the enterprise value. Dividing by shares outstanding gives you fair value per share. Compare this to the current market price to assess whether a stock is overvalued or undervalued.
Fair Price Index uses DCF analysis as 50% of its blended valuation model for the top 10K stocks worldwide, combined with relative valuation and analyst consensus for a more robust fair price estimate.
FREQUENTLY ASKED QUESTIONS
What is a fair value calculator?
A fair value calculator estimates what a stock is worth based on a company's fundamentals rather than its current market price. This tool uses a discounted cash flow (DCF) model that projects free cash flow and discounts it back to present value.
How do you calculate the fair value of a stock?
Enter the company's free cash flow, shares outstanding, and your assumptions for growth rate, discount rate, and terminal growth. The calculator projects future cash flows, discounts them to present value, adds a terminal value, and divides by shares outstanding to give fair value per share.
What is the difference between fair value and market price?
Market price is what buyers and sellers are paying right now, driven by sentiment and momentum. Fair value is an estimate of what the business is worth based on its fundamentals, and the gap between the two shows whether a stock trades above or below its calculated value.
Is this fair value calculator free?
Yes. The Fair Value Calculator is completely free and requires no signup. You can run unlimited calculations for any stock directly in your browser.
RELATED
This calculator is for educational purposes only and does not constitute financial advice. All calculations are based on user inputs and simplified assumptions. Actual fair values may differ. Always do your own research before investing.