What a share is worth is not what it costs. Put in what a company earns now, how fast you think that grows, and what return you want for the risk — and the two models below turn those assumptions into a value per share. Free, no signup.
Discounted EPS projects earnings per share forward at your growth rate and discounts each year back to today. It is the quicker of the two and it works on any company that reports positive earnings, which is why it is the default here.
Discounted FCFE — free cash flow to equity — does the same with cash rather than accounting profit, then divides by the share count. Cash is harder to flatter than earnings, so this is the more honest model where the two disagree. FCFE is already what is left for shareholders after debt is served, so there is no net-debt adjustment to make afterwards; subtracting it again is the most common way this calculation is done wrong.
Neither is right for a bank or an insurer. Their balance sheet is the business, so operating cash flow means something different — those are valued on book value and return on equity instead, which is also why the value screener excludes them.
Change the growth rate by a point and the answer moves. Change the discount rate by a point and it can move by a third. That is not a flaw in the model — it is the model telling you the truth about how much of any valuation is an opinion about risk rather than a fact about a company. Drag the slider and watch: if a share only looks cheap at a 4% discount rate, what you have found is a rate you like, not a bargain.
The year-by-year chart is there for the same reason. It shows how much of the total value sits in the far years, and a valuation whose weight is mostly in years eight to ten is a forecast, not a measurement.
Every intrinsic-value model is a machine for turning your assumptions into a number that looks objective. It cannot tell you whether a company will still be growing in five years, whether its margins hold, or whether the industry survives. Two careful people can put defensible inputs into this page and come out 60% apart, and neither of them has made an arithmetic mistake.
Use it to find out what you would have to believe for today’s price to make sense — that question has a useful answer. “What is this worth?” does not have one.