Fairly priced — no edge either way.
Close to fair value. Not a bargain, not a rip-off. Come back if the price moves.
Current price
$44.49
Market cap ≈ $186B
Intrinsic value
$46
range $22 – $81
Margin of safety
+3%
below fair value
Price today
$44
Fair value
$46
Free cash flow — 5-year history ($B)
What the math is really telling you. Watch whether cash flow is compounding — that, more than any single year, is what a value read hangs on.
The read — lights & verdict
- Roughly fairFair value ~$46 sits close to the $44 price — no real margin of safety either way.
- Price is in line with its recordPriced for ~5%/yr, roughly what it has delivered (12.7%/yr).
- Revenue still growingUp 2.5% last year — demand isn't the problem.
- Cash flow compoundingFree cash flow up ~12.7%/yr — the engine is growing.
- Heavy debt loadNet debt of $192B — roughly 10× annual free cash flow. This changes the risk picture.
How this was built. Real figures from Verizon Communications Inc.'s public annual filings and market data. Two-stage DCF: 9% discount rate, 5% free-cash-flow growth for 10 years, 2.5% terminal — the numbers are computed, never AI-guessed. Prices as of the last data refresh.