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Elevance Health Inc. (ELV)
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Elevance Health Inc. (ELV) DCF Valuation

Price is INSIDE the estimated range
$303.50
$1118.05
Estimated fair value
$402.77
Today's price

Two independent models estimate Elevance Health Inc.'s fair value between $303.50 (conservative case) and $1,118.05 (analyst consensus).

What would today's price require?

Growth the price assumes+8.0%/yr
Actual growth, last 5 years-7.8%/yr

$402.77 is justified only if free cash flow grows about +8.0% a year for the next decade — faster than the company has actually grown.

Current Price

$402.77

Fair-Value Range

$303.50 – $1,118.05

Market-Implied Growth

+8.0%/yr

vs -7.8% 5Y actual

ELV 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.

5%/yr
Historical FCF CAGR: 3Y -16.6% · 5Y -7.8% · 10Y 7.6%
10%
2.5%
10yr

Base inputs: FCF $5.4B · 0.22B shares · net debt $23.2B

Estimated Fair Value

$303.50

-24.6% vs $402.77

Current price$402.77
Analyst DCF (FMP)$1118.05

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 $402.77; red = below. Your current case is outlined.

WACC ↓ / Terminal →1.50%2.00%2.50%3.00%3.50%
8.0%$403$429$460$497$543
9.0%$331$349$370$394$422
10.0%$276$289$304$320$339
11.0%$233$243$253$265$278
12.0%$199$206$213$222$232

About Elevance Health Inc.

Operating as a major health benefits organization, Elevance Health Inc. commits to guiding consumers, families, and communities across their entire health and wellness path. It facilitates access to vital care, assistance, and tools designed to enable healthier living for approximately 118 million individuals. The company's comprehensive offerings span medical, digital, pharmaceutical, behavioral health, clinical, and other care solutions. Founded in 1944 and based in Indianapolis, Indiana, this entity adopted its current name, Elevance Health Inc., in June 2022, having previously operated as Anthem, Inc.

Indianapolis, IN
104,200 employees
Healthcare / Medical - Healthcare Plans
Sector
Healthcare
Industry
Medical - Healthcare Plans
CEO
Gail Koziara Boudreaux