TGM's two-stage DCF values Abbott Laboratories (ABT) between $60.28 and $120.37 depending on assumptions, with a base case of $83.40. Growth is taken from the company's own record (blend of 5-year revenue and FCF growth), fading to 2.5% long-run; the discount rate (7.5%) reflects its beta.
What would today's price require?
$103.06 is justified only if free cash flow grows about +8.9% a year (fading to 2.5% long-run) at a 7.5% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 1.1%/yr | 8.5% | $60.28 |
| Base case | 4.1%/yr | 7.5% | $83.40 |
| Optimistic | 7.1%/yr | 6.5% | $120.37 |
| Third-party model estimate (FMP) | independent reference · retrieved Jul 25, 2026 · assumptions not provided | $141.58 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$103.06
Market-Implied Growth
+8.9%/yr
vs +5.3% 5Y actual
Model Scenario Range
$60.28 – $120.37
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for ABT (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $6.9B · 1.74B shares · net debt $5.6B
Estimated Fair Value
$83.40
-19.1% vs $103.06
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 4.1%/yr FCF growth and 10-year horizon fixed. Green = above today's $103.06; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 5.5% | $109 | $123 | $142 | $168 | $207 |
| 6.5% | $86.40 | $94.77 | $105 | $119 | $137 |
| 7.5% | $71.28 | $76.79 | $83.40 | $91.47 | $102 |
| 8.5% | $60.48 | $64.35 | $68.86 | $74.17 | $80.55 |
| 9.5% | $52.40 | $55.23 | $58.47 | $62.20 | $66.55 |
