TGM's two-stage DCF values Cencora, Inc. (COR) between $302.13 and $614.48 depending on assumptions, with a base case of $422.33. 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?
$321.57 is justified only if free cash flow grows about +3.9% a year (fading to 2.5% long-run) at a 7.5% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 6.9%/yr | 8.5% | $302.13 |
| Base case | 9.9%/yr | 7.5% | $422.33 |
| Optimistic | 12.9%/yr | 6.5% | $614.48 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 11, 2026 · assumptions not provided | $599.66 | |
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
$321.57
Market-Implied Growth
+3.9%/yr
vs +9.6% 5Y actual
Model Scenario Range
$302.13 – $614.48
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 COR (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 $3.1B · 0.19B shares · net debt $4.9B
Estimated Fair Value
$422.33
+31.3% vs $321.57
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 9.9%/yr FCF growth and 10-year horizon fixed. Green = above today's $321.57; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 5.5% | $559 | $633 | $731 | $869 | $1076 |
| 6.5% | $438 | $483 | $538 | $609 | $704 |
| 7.5% | $358 | $387 | $422 | $465 | $518 |
| 8.5% | $301 | $321 | $345 | $373 | $407 |
| 9.5% | $258 | $273 | $290 | $310 | $333 |
