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NYQ · Valuation Lab
BLK
BlackRock, Inc.
Last$1133.58
Market cap—
EV/EBITDA16.5x
Intrinsic value
$552292052543.12
MoS +100.0% · Undervalued
Assuming 15.0% FCF margin and 30.6% Y1–5 growth.
Upside to price
EV (DCF)554.1B
Terminal share80%
Expected IV$571095478858.91
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 80% of EV
PV of stage FCFs112.3B
PV of terminal value441.9B
Enterprise value554.1B
Net cash / (debt)-1.8B
Equity value552.3B
Intrinsic value / share$552292052543.12
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 35.7B | 5.3B | 5B | 93.9% |
| Y2 | 46.6B | 7B | 6.2B | 88.3% |
| Y3 | 60.8B | 9.1B | 7.6B | 82.9% |
| Y4 | 79.4B | 11.9B | 9.3B | 77.9% |
| Y5 | 103.7B | 15.6B | 11.4B | 73.2% |
| Y6 | 119.6B | 17.9B | 12.3B | 68.8% |
| Y7 | 137.9B | 20.7B | 13.4B | 64.6% |
| Y8 | 159B | 23.8B | 14.5B | 60.7% |
| Y9 | 183.3B | 27.5B | 15.7B | 57.0% |
| Y10 | 211.4B | 31.7B | 17B | 53.6% |
| Terminal | — | — | 441.9B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.