Two-stage DCF intrinsic value + sensitivity
Two-stage discounted-cash-flow intrinsic value per share for a U.S. filer, derived entirely from SEC EDGAR XBRL fundamentals. Free cash flow is computed per fiscal year as operating cash flow minus the absolute capital expenditure, outer-joined by period; the base FCF is the most recent valid year (override-able). Stage 1 projects stage1_years of explicit FCF at stage1_growth (defaulting to the historical FCF CAGR, clamped to [-20%, +50%]); the terminal value uses the Gordon growth model. Enterprise value is bridged to equity by net debt and divided by shares outstanding. A 25-cell (5x5) sensitivity table varies the discount rate (+-150bp/75bp) and stage-1 growth (+-4pp/2pp). The result is an assumption-sensitive MODEL ESTIMATE, not investment advice (see disclaimer). For financial-company SIC codes (banks / insurers / brokers) the value is still computed but flagged dcf_applicable=false with a warning. A missing price degrades margin_of_safety to null without affecting the valuation. Source is sec_edgar_xbrl.
Path parameters
Query parameters
Annual discount rate (WACC proxy), 0.01-0.50. Default 0.09.
Annual discount rate (WACC proxy), 0.01-0.50. Default 0.09.
Perpetual terminal growth rate, -0.05 to 0.15. Must be strictly less than discount_rate (min spread 0.005). Default 0.025.
Perpetual terminal growth rate, -0.05 to 0.15. Must be strictly less than discount_rate (min spread 0.005). Default 0.025.
Number of explicit stage-1 projection years, 1-10. Default 5.
Number of explicit stage-1 projection years, 1-10. Default 5.
Stage-1 annual FCF growth, -0.20 to 0.50. Omit to derive from the historical FCF CAGR (clamped).
Stage-1 annual FCF growth, -0.20 to 0.50. Omit to derive from the historical FCF CAGR (clamped).
Override the base free cash flow (in dollars). Must be > 0. Lets a short-history filer through the >=2-year guard.
Override the base free cash flow (in dollars). Must be > 0. Lets a short-history filer through the >=2-year guard.
Response
Successful Response
Example response
{
"data": {
"symbol": "AAPL",
"assumptions": {
"discount_rate": 0.09,
"terminal_growth": 0.025,
"stage1_years": 5,
"stage1_growth": 0.08,
"growth_source": "historical_cagr"
},
"inputs": {
"base_fcf": 101096000000,
"base_fcf_source": "latest_fiscal_year",
"base_fcf_year": "2024-09-28",
"fcf_3y_median": 95000000000,
"fcf_history": [
{
"end": "2024-09-28",
"operating_cash_flow": 110543000000,
"capex": 9447000000,
"fcf": 101096000000
}
],
"shares_outstanding": 15000000000,
"shares_source": "CommonStockSharesOutstanding",
"total_debt": 108040000000,
"debt_source": "DebtAndCapitalLeaseObligations",
"cash": 29943000000,
"net_debt": 78097000000,
"current_price": 212.5,
"as_of": "2024-09-28"
},
"outputs": {
"enterprise_value": 3100000000000,
"equity_value": 3021000000000,
"intrinsic_value_per_share": 201.4,
"margin_of_safety": -0.052,
"dcf_applicable": true
},
"stage1_projections": [
{
"year": 1,
"fcf": 109183680000,
"present_value": 100168000000
}
],
"sensitivity": [
{
"discount_rate": 0.0825,
"stage1_growth": 0.06,
"intrinsic_per_share": 223.7
}
],
"disclaimer": "This is a model-derived discounted-cash-flow estimate...",
"source": "sec_edgar_xbrl"
},
"meta": {
"endpoint": "/api/v1/fred/us/cpi",
"data_time": "2026-04-16T14:30:00Z",
"response_time": "2026-04-16T14:30:12Z",
"provider": "Sugra API v1.0.1",
"source": "sugra_crypto",
"attribution": "Short interest and Reg SHO daily short volume data is owned by and sourced from FINRA (Financial Industry Regulatory Authority).",
"fallback_chain": [
"sugra_crypto",
"sugra_finance"
]
}
}