Elevance Health Inc. (ELV) DCF Valuation
Transparent DCF models put Elevance Health Inc. (ELV)'s fair value in a range of $303.50 – $1,118.05 — the low end is TGM's conservative base case (5% FCF growth, 10% discount), the high end the analyst consensus (FMP). Today's price of $402.77 sits within that range — roughly fairly valued on these assumptions.
Reverse DCF: at today's $402.77, the market is pricing in roughly +8.0%/yr free-cash-flow growth over the next decade (at a 10% required return) — versus its actual 5-year FCF CAGR of -7.8%. The price is betting on acceleration above its track record.
Current Price
$402.77
Fair-Value Range
$303.50 – $1,118.05
Market-Implied Growth
+8.0%/yr
vs -7.8% 5Y actual
ELV DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.
Base inputs: FCF $5.4B · 0.22B shares · net debt $23.2B
Estimated Fair Value
$303.50
-24.6% vs $402.77
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $402.77; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.0% | $403 | $429 | $460 | $497 | $543 |
| 9.0% | $331 | $349 | $370 | $394 | $422 |
| 10.0% | $276 | $289 | $304 | $320 | $339 |
| 11.0% | $233 | $243 | $253 | $265 | $278 |
| 12.0% | $199 | $206 | $213 | $222 | $232 |
About Elevance Health Inc.
Operating as a major health benefits organization, Elevance Health Inc. commits to guiding consumers, families, and communities across their entire health and wellness path. It facilitates access to vital care, assistance, and tools designed to enable healthier living for approximately 118 million individuals. The company's comprehensive offerings span medical, digital, pharmaceutical, behavioral health, clinical, and other care solutions. Founded in 1944 and based in Indianapolis, Indiana, this entity adopted its current name, Elevance Health Inc., in June 2022, having previously operated as Anthem, Inc.
- Sector
- Healthcare
- Industry
- Medical - Healthcare Plans
- CEO
- Gail Koziara Boudreaux