Walmart Inc. (WMT) DCF Valuation
Transparent DCF models put Walmart Inc. (WMT)'s fair value in a range of $23.89 – $145.35 — 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 $118.88 sits within that range — roughly fairly valued on these assumptions.
Reverse DCF: at today's $118.88, the market is pricing in roughly +25.2%/yr free-cash-flow growth over the next decade (at a 10% required return) — versus its actual 5-year FCF CAGR of -9.9%. The price is betting on acceleration above its track record.
Current Price
$118.88
Fair-Value Range
$23.89 – $145.35
Market-Implied Growth
+25.2%/yr
vs -9.9% 5Y actual
WMT 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 $13.7B · 7.96B shares · net debt $34.0B
Estimated Fair Value
$23.89
-79.9% vs $118.88
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 $118.88; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.0% | $30.73 | $32.52 | $34.64 | $37.19 | $40.30 |
| 9.0% | $25.79 | $27.02 | $28.43 | $30.08 | $32.04 |
| 10.0% | $22.03 | $22.90 | $23.89 | $25.02 | $26.32 |
| 11.0% | $19.07 | $19.71 | $20.43 | $21.23 | $22.14 |
| 12.0% | $16.69 | $17.17 | $17.70 | $18.29 | $18.95 |