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NYQ · Valuation Lab
CAT
Caterpillar, Inc.
Last$871.08
Market cap—
EV/EBITDA29.0x
Intrinsic value
$250632417905.85
MoS +100.0% · Undervalued
Assuming 5.3% FCF margin and 22.2% Y1–5 growth.
Upside to price
EV (DCF)290.4B
Terminal share76%
Expected IV$286325066372.15
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 76% of EV
PV of stage FCFs70.4B
PV of terminal value220B
Enterprise value290.4B
Net cash / (debt)-39.7B
Equity value250.6B
Intrinsic value / share$250632417905.85
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 86.5B | 4.6B | 4.3B | 93.7% |
| Y2 | 105.7B | 5.6B | 4.9B | 87.8% |
| Y3 | 129.1B | 6.8B | 5.6B | 82.3% |
| Y4 | 157.8B | 8.4B | 6.4B | 77.1% |
| Y5 | 192.8B | 10.2B | 7.4B | 72.3% |
| Y6 | 214.2B | 11.4B | 7.7B | 67.7% |
| Y7 | 238B | 12.6B | 8B | 63.5% |
| Y8 | 264.4B | 14B | 8.3B | 59.5% |
| Y9 | 293.7B | 15.6B | 8.7B | 55.7% |
| Y10 | 326.3B | 17.3B | 9B | 52.2% |
| Terminal | — | — | 220B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.