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NMS · Valuation Lab
TXN
Texas Instruments Incorporated
Last$277.72
Market cap253.6B
EV/EBITDA26.5x
Intrinsic value
$140.97
MoS -97.0% · Overvalued
Assuming 18.2% FCF margin and 22.8% Y1–5 growth.
Upside to price
EV (DCF)135.8B
Terminal share59%
Expected IV$146.93
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 59% of EV
PV of stage FCFs55.4B
PV of terminal value80.4B
Enterprise value135.8B
Net cash / (debt)-7.1B
Equity value128.7B
Intrinsic value / share$140.97
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 23.9B | 4.3B | 3.9B | 90.5% |
| Y2 | 29.3B | 5.3B | 4.4B | 81.9% |
| Y3 | 36B | 6.6B | 4.9B | 74.2% |
| Y4 | 44.2B | 8.1B | 5.4B | 67.1% |
| Y5 | 54.3B | 9.9B | 6B | 60.8% |
| Y6 | 60.5B | 11B | 6.1B | 55.0% |
| Y7 | 67.4B | 12.3B | 6.1B | 49.8% |
| Y8 | 75.1B | 13.7B | 6.2B | 45.1% |
| Y9 | 83.7B | 15.2B | 6.2B | 40.8% |
| Y10 | 93.2B | 17B | 6.3B | 36.9% |
| Terminal | — | — | 80.4B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.