TGM's two-stage DCF values GE HealthCare Technologies Inc. (GEHC) between $38.69 and $77.16 depending on assumptions, with a base case of $52.54. 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 (8.2%) reflects its beta.
What would today's price require?
$73.59 is justified only if free cash flow grows about +9.1% a year (fading to 2.5% long-run) at a 8.2% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.5%/yr | 9.2% | $38.69 |
| Base case | 2.4%/yr | 8.2% | $52.54 |
| Optimistic | 5.4%/yr | 7.2% | $77.16 |
| Third-party model estimate (FMP) | independent reference · retrieved Aug 14, 2026 · assumptions not provided | $158.83 | |
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
$73.59
Market-Implied Growth
+9.1%/yr
vs +1.1% 5Y actual
Model Scenario Range
$38.69 – $77.16
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 GEHC (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 $1.6B · 0.45B shares · net debt $5.5B
Estimated Fair Value
$52.54
-28.6% vs $73.59
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 2.4%/yr FCF growth and 10-year horizon fixed. Green = above today's $73.59; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.2% | $69.01 | $77.15 | $87.49 | $101 | $120 |
| 7.2% | $54.71 | $59.95 | $66.30 | $74.15 | $84.11 |
| 8.2% | $44.68 | $48.30 | $52.54 | $57.59 | $63.71 |
| 9.2% | $37.26 | $39.88 | $42.89 | $46.38 | $50.47 |
| 10.2% | $31.55 | $33.52 | $35.74 | $38.27 | $41.18 |
