An independent two-stage DCF analysis by a frontier AI model.
" data-astro-cid-6as7xmtr> Derived from historical growth rates. Marsh & McLennan has demonstrated stable, consistent growth in its brokerage and consulting businesses, allowing us to mathematically extrapolate this baseline over the medium term.
" data-astro-cid-6as7xmtr> 10Y Treasury: 4.18%. We added an equity risk premium of 5.0% to reflect the relatively low volatility and stable cash flows of an established professional services and insurance brokerage giant.
" data-astro-cid-6as7xmtr> Long-term nominal GDP growth is ~3%. A company that grows slower than GDP in perpetuity eventually becomes irrelevant — 3.0% says Marsh & McLennan grows with the global economy.
Intrinsic value per share under varying discount rate and terminal growth rate assumptions.
| WACC ↓ / Terminal → | 2.0% | 2.5% | 3.0% | 3.5% | 4.0% |
|---|---|---|---|---|---|
| 2.0% | $32.21 | $27.00 | $23.24 | $20.40 | $18.18 |
| 2.5% | $35.65 | $29.38 | $24.98 | $21.73 | $19.22 |
| 3.0% | $39.92 | $32.21 | $27.00 | $23.24 | $20.40 |
| 3.5% | $45.34 | $35.65 | $29.38 | $24.98 | $21.73 |
| 4.0% | $52.47 | $39.92 | $32.21 | $27.00 | $23.24 |
■ Undervalued vs current price ■ Overvalued vs current price
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.