Why we don't show a single “fair value” for AVGO
Even the optimistic scenario of a conservative trailing-FCF model ($90.26) sits far below today's price — the market is paying for growth and durability beyond what this model structure captures. Off today's cash-flow base, no plausible growth rate bridges to the current price — the market is valuing normalized future cash flows, not the depressed base. The model scenarios below are shown for reference only.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 15.0%/yr | 12.4% | $54.70 |
| Base case | 18.0%/yr | 11.4% | $71.46 |
| Optimistic | 20.0%/yr | 10.4% | $90.26 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 8, 2026 · assumptions not provided | $186.35 | |
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
$367.86
Market-Implied Growth
N/A
Base-Case Model Value
$71.46
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 AVGO (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 $18.5B · 4.76B shares · net debt $49.0B
Estimated Fair Value
$71.46
-80.6% vs $367.86
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 $367.86; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 9.4% | $86.06 | $91.45 | $97.62 | $105 | $113 |
| 10.4% | $74.20 | $78.27 | $82.85 | $88.05 | $93.99 |
| 11.4% | $64.78 | $67.94 | $71.46 | $75.38 | $79.80 |
| 12.4% | $57.13 | $59.64 | $62.40 | $65.45 | $68.84 |
| 13.4% | $50.80 | $52.83 | $55.05 | $57.47 | $60.13 |
