TGM's two-stage DCF values monday.com Ltd. (MNDY) between $151.23 and $227.47 depending on assumptions, with a base case of $185.99. 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 (9.8%) reflects its beta.
What would today's price require?
$85.13 is justified only if free cash flow grows about -8.0% a year (fading to 2.5% long-run) at a 9.8% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 15.0%/yr | 10.8% | $151.23 |
| Base case | 18.0%/yr | 9.8% | $185.99 |
| Optimistic | 20.0%/yr | 8.8% | $227.47 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 13, 2026 · assumptions not provided | $161.75 | |
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
$85.13
Market-Implied Growth
-8.0%/yr
vs +43.8% 5Y actual
Model Scenario Range
$151.23 – $227.47
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 · 0.04B shares · net cash $1.3B
Estimated Fair Value
$185.99
+118.5% vs $85.13
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 $85.13; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 7.8% | $219 | $233 | $250 | $269 | $294 |
| 8.8% | $191 | $201 | $213 | $226 | $242 |
| 9.8% | $170 | $178 | $186 | $195 | $206 |
| 10.8% | $154 | $160 | $166 | $173 | $181 |
| 11.8% | $141 | $145 | $150 | $155 | $161 |
