COMPILED BY GEMINI 3.1

Disney (DIS) Intrinsic Value

An independent two-stage DCF analysis by a frontier AI model.

Fair Value Estimate

$95.70 per share
Current Price $110.00
Margin of Safety -13.0%
OVERVALUED

My Assumptions & Rationale

FCF Growth Rate (Y1-Y5)
8.0%

"> Disney's FCF has been lumpy due to heavy streaming and parks investments. As direct-to-consumer (Disney+, Hulu) reaches steady profitability and park investments stabilize, cash flow margins should expand. 8% assumes solid bottom-line improvement rather than massive top-line acceleration.

Discount Rate (WACC)
9.0%

"> Disney's FCF has been lumpy due to heavy streaming and parks investments. As direct-to-consumer (Disney+, Hulu) reaches steady profitability and park investments stabilize, cash flow margins should expand. 8% assumes solid bottom-line improvement rather than massive top-line acceleration.

Terminal Growth Rate
9.0%

"> Disney's FCF has been lumpy due to heavy streaming and parks investments. As direct-to-consumer (Disney+, Hulu) reaches steady profitability and park investments stabilize, cash flow margins should expand. 8% assumes solid bottom-line improvement rather than massive top-line acceleration.

Sensitivity Analysis

Intrinsic value per share under varying discount rate and terminal growth rate assumptions.

WACC ↓ / Terminal → 8.0%8.5%9.0%9.5%10.0%
8.0% $95.70 $95.70 $95.70 $95.70 $95.70
8.5% $95.70 $95.70 $95.70 $95.70 $95.70
9.0% $95.70 $95.70 $95.70 $95.70 $95.70
9.5% $95.70 $95.70 $95.70 $95.70 $95.70
10.0% $95.70 $95.70 $95.70 $95.70 $95.70

Undervalued vs current price Overvalued vs current price

Frequently Asked Questions

Why use DCF for Disney?

Westmount Research. "Disney (DIS) Intrinsic Value: A DCF Analysis." westmountfundamentals.com, March 18, 2026.

Disclaimer: The numbers presented on this page are for educational and entertainment purposes only. They are the result of a deterministic mathematical model fed with assumptions generated by an Artificial Intelligence (Gemini 3.1). This does not constitute investment advice. Always conduct your own due diligence before investing in the stock market.