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NYQ · Valuation Lab
MS
Morgan Stanley
Last$218.27
Market cap343.1B
EV/EBITDA—
Intrinsic value
$895.83
MoS +75.6% · Undervalued
Assuming 15.0% FCF margin and 28.0% Y1–5 growth.
Upside to price
EV (DCF)1.3T
Terminal share79%
Expected IV$935.33
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 79% of EV
PV of stage FCFs284.5B
PV of terminal value1T
Enterprise value1.3T
Net cash / (debt)83.8B
Equity value1.4T
Intrinsic value / share$895.83
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 99.6B | 14.9B | 14B | 93.9% |
| Y2 | 127.5B | 19.1B | 16.9B | 88.1% |
| Y3 | 163.2B | 24.5B | 20.2B | 82.7% |
| Y4 | 208.9B | 31.3B | 24.3B | 77.6% |
| Y5 | 267.4B | 40.1B | 29.2B | 72.9% |
| Y6 | 304.9B | 45.7B | 31.3B | 68.4% |
| Y7 | 347.5B | 52.1B | 33.5B | 64.2% |
| Y8 | 396.2B | 59.4B | 35.8B | 60.2% |
| Y9 | 451.7B | 67.7B | 38.3B | 56.5% |
| Y10 | 514.9B | 77.2B | 41B | 53.1% |
| Terminal | — | — | 1T | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.