Why we don't show a single “fair value” for TDOC
Even the conservative scenario ($14.09) sits far above today's price — trailing cash flows may be cyclically elevated. The honest lens is the question below: what growth does today's price actually require? The model scenarios are listed further down for reference.
What would today's price require?
$6.27 is justified only if free cash flow grows about -14.4% a year (fading to 2.5% long-run) at a 11.5% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 5.9%/yr | 12.5% | $14.09 |
| Base case | 8.9%/yr | 11.5% | $17.96 |
| Optimistic | 11.9%/yr | 10.5% | $23.19 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 13, 2026 · assumptions not provided | $17.28 | |
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
$6.27
Market-Implied Growth
-14.4%/yr
vs +8.8% 5Y actual
Base-Case Model Value
$17.96
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 TDOC (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 $238.3M · 0.18B shares · net debt $224.9M
Estimated Fair Value
$17.96
+186.5% vs $6.27
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 8.9%/yr FCF growth and 10-year horizon fixed. Green = above today's $6.27; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 9.5% | $21.18 | $22.36 | $23.70 | $25.25 | $27.06 |
| 10.5% | $18.57 | $19.47 | $20.47 | $21.61 | $22.91 |
| 11.5% | $16.49 | $17.19 | $17.96 | $18.83 | $19.80 |
| 12.5% | $14.79 | $15.35 | $15.96 | $16.63 | $17.38 |
| 13.5% | $13.38 | $13.83 | $14.32 | $14.86 | $15.45 |
