A meaningful DCF fair value isn't available for Deere & Company (DE) — its free-cash-flow and net-debt profile makes a standard discounted-cash-flow model unreliable (common for loss-makers and high-net-debt or recently-public companies), and no analyst DCF is published. Explore your own assumptions with the editable model below.
What would today's price require?
$628.16 is justified only if free cash flow grows about +35.3% a year (fading to 2.5% long-run) at a 8.6% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.8%/yr | 9.6% | N/A |
| Base case | 3.8%/yr | 8.6% | $35.63 |
| Optimistic | 6.8%/yr | 7.6% |
| $122.81 |
| Third-party model estimate (FMP) | independent reference · retrieved Jul 25, 2026 · assumptions not provided | $201.53 | |
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
$628.16
Market-Implied Growth
+35.3%/yr
vs +3.8% 5Y actual
Base-Case Model Value
N/A
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for DE (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 $3.7B · 0.27B shares · net debt $55.6B
Estimated Fair Value
$35.63
-94.3% vs $628.16
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 3.8%/yr FCF growth and 10-year horizon fixed. Green = above today's $628.16; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.6% | $93.32 | $121 | $154 | $198 | $255 |
| 7.6% | $43.70 | $61.78 | $83.37 | $110 | $142 |
| 8.6% | $8.08 | $20.82 | $35.63 | $53.06 | $73.88 |
| 9.6% | N/A | N/A | $1.35 | $13.64 | $27.92 |
| 10.6% | N/A | N/A | N/A | N/A | N/A |
