TGM's two-stage DCF values T-Mobile US, Inc. (TMUS) between $54.49 and $172.75 depending on assumptions, with a base case of $98.65. Growth is taken from the company's own record (5-year revenue CAGR), fading to 2.5% long-run; the discount rate (7.5%) reflects its beta.
What would today's price require?
$181.69 is justified only if free cash flow grows about +12.3% a year (fading to 2.5% long-run) at a 7.5% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.5%/yr | 8.5% | $54.49 |
| Base case | 3.1%/yr | 7.5% | $98.65 |
| Optimistic | 6.1%/yr | 6.5% | $172.75 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 8, 2026 · assumptions not provided | $310.53 | |
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
$181.69
Market-Implied Growth
+12.3%/yr
vs +3.0% 5Y actual
Model Scenario Range
$54.49 – $172.75
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 TMUS (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 $8.9B · 1.07B shares · net debt $80.7B
Estimated Fair Value
$98.65
-45.7% vs $181.69
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 3.1%/yr FCF growth and 10-year horizon fixed. Green = above today's $181.69; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 5.5% | $150 | $178 | $215 | $267 | $345 |
| 6.5% | $105 | $121 | $142 | $169 | $205 |
| 7.5% | $74.42 | $85.44 | $98.65 | $115 | $135 |
| 8.5% | $52.85 | $60.58 | $69.59 | $80.21 | $92.95 |
| 9.5% | $36.69 | $42.36 | $48.83 | $56.29 | $64.97 |
