TGM's two-stage DCF values monday.com Ltd. (MNDY) between $120.00 and $176.65 depending on assumptions, with a base case of $146.13. Growth is taken from the company's own record (5-year revenue CAGR (capped at 18%)), fading to 2.5% long-run; the discount rate (10.3%) reflects its beta.
What would today's price require?
$93.80 is justified only if free cash flow grows about +3.5% a year (fading to 2.5% long-run) at a 10.3% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 15.0%/yr | 11.3% | $120.00 |
| Base case | 18.0%/yr | 10.3% | $146.13 |
| Optimistic | 20.0%/yr | 9.3% | $176.65 |
| Third-party model estimate (FMP) | independent reference · retrieved Aug 5, 2026 · assumptions not provided | $159.45 | |
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
$93.80
Market-Implied Growth
+3.5%/yr
vs +47.2% 5Y actual
Model Scenario Range
$120.00 – $176.65
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 MNDY (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 $250.4M · 0.05B shares · net cash $1.3B
Estimated Fair Value
$146.13
+55.8% vs $93.80
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 18.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $93.80; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.3% | $170 | $180 | $191 | $205 | $221 |
| 9.3% | $150 | $157 | $165 | $175 | $186 |
| 10.3% | $135 | $140 | $146 | $153 | $161 |
| 11.3% | $123 | $127 | $131 | $136 | $142 |
| 12.3% | $113 | $116 | $120 | $124 | $128 |
