monday.com Ltd. (MNDY) DCF Valuation
TGM's two-stage DCF values monday.com Ltd. (MNDY) between $119.15 and $176.13 depending on assumptions, with a base case of $145.38. Growth is taken from the company's own record (5-year revenue CAGR (capped at 18%)), fading to 2.5% long-run; the discount rate (10.2%) reflects its beta.
What would today's price require?
$71.53 is justified only if free cash flow grows about -5.9% a year (fading to 2.5% long-run) at a 10.2% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 15.0%/yr | 11.2% | $119.15 |
| Base case | 18.0%/yr | 10.2% | $145.38 |
| Optimistic | 20.0%/yr | 9.2% | $176.13 |
| Analyst DCF (FMP) | independent reference — different model | $166.69 | |
Current Price
$71.53
Market-Implied Growth
-5.9%/yr
vs +47.2% 5Y actual
Model Scenario Range
$119.15 – $176.13
model output — not a price target
MNDY DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for MNDY (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 $250.4M · 0.05B shares · net cash $1.3B
Estimated Fair Value
$226.12
+216.1% vs $71.53
Sensitivity — fair value by discount rate × terminal growth
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 $71.53; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.2% | $282 | $297 | $314 | $336 | $361 |
| 9.2% | $241 | $251 | $263 | $277 | $294 |
| 10.2% | $210 | $218 | $226 | $236 | $247 |
| 11.2% | $186 | $192 | $198 | $205 | $212 |
| 12.2% | $167 | $171 | $176 | $181 | $186 |
About monday.com Ltd.
monday.com Ltd., along with its affiliated entities, designs and provides software solutions for a global market, spanning the United States, Europe, the Middle East, Africa, and other international regions. Its flagship offering is Work OS, an intuitive cloud-native visual work operating system constructed from configurable modules. This platform empowers users to assemble bespoke software applications and effective work management tools. The company further supplies dedicated product solutions catering to various functions, including marketing, customer relationship management (CRM), project coordination, and software engineering. Additionally, monday.com delivers comprehensive business development, presales, and customer support services. Its client base is broad, encompassing diverse organizations, educational and governmental institutions, and specific business divisions within larger enterprises. Founded in 2012, the firm was initially known as DaPulse Labs Ltd. before rebranding to monday.com Ltd. in November 2017. It maintains its corporate headquarters in Tel Aviv-Yafo, Israel.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Eran Zinman