TGM's two-stage DCF values Globus Medical, Inc. (GMED) between $51.47 and $85.76 depending on assumptions, with a base case of $66.71. Growth is taken from the company's own record (blend of 5-year revenue and FCF growth (capped at 18%)), fading to 2.5% long-run; the discount rate (8.9%) reflects its beta.
What would today's price require?
$82.54 is justified only if free cash flow grows about +23.7% a year (fading to 2.5% long-run) at a 8.9% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 15.0%/yr | 9.9% | $51.47 |
| Base case | 18.0%/yr | 8.9% | $66.71 |
| Optimistic | 20.0%/yr | 7.9% | $85.76 |
| Third-party model estimate (FMP) | independent reference · retrieved Aug 28, 2026 · assumptions not provided | $38.36 | |
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
$82.54
Market-Implied Growth
+23.7%/yr
vs +29.9% 5Y actual
Model Scenario Range
$51.47 – $85.76
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 GMED (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 $285.2M · 0.13B shares · net cash $422.2M
Estimated Fair Value
$66.71
-19.2% vs $82.54
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 $82.54; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.9% | $82.22 | $89.30 | $97.99 | $109 | $123 |
| 7.9% | $68.97 | $73.76 | $79.43 | $86.24 | $94.60 |
| 8.9% | $59.35 | $62.76 | $66.71 | $71.31 | $76.77 |
| 9.9% | $52.05 | $54.58 | $57.46 | $60.75 | $64.55 |
| 10.9% | $46.33 | $48.27 | $50.44 | $52.89 | $55.66 |
