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NYQ · Valuation Lab
ZTS
Zoetis Inc.
Last$74.39
Market cap—
EV/EBITDA9.7x
Intrinsic value
$44825716824.63
MoS +100.0% · Undervalued
Assuming 18.7% FCF margin and 2.9% Y1–5 growth.
Upside to price
EV (DCF)52.1B
Terminal share71%
Expected IV$44222616451.49
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 71% of EV
PV of stage FCFs15B
PV of terminal value37.1B
Enterprise value52.1B
Net cash / (debt)-7.3B
Equity value44.8B
Intrinsic value / share$44825716824.63
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 9.8B | 1.8B | 1.7B | 94.3% |
| Y2 | 10.1B | 1.9B | 1.7B | 89.0% |
| Y3 | 10.4B | 1.9B | 1.6B | 84.0% |
| Y4 | 10.7B | 2B | 1.6B | 79.2% |
| Y5 | 11B | 2.1B | 1.5B | 74.7% |
| Y6 | 11.2B | 2.1B | 1.5B | 70.5% |
| Y7 | 11.4B | 2.1B | 1.4B | 66.5% |
| Y8 | 11.7B | 2.2B | 1.4B | 62.7% |
| Y9 | 11.9B | 2.2B | 1.3B | 59.2% |
| Y10 | 12.1B | 2.3B | 1.3B | 55.8% |
| Terminal | — | — | 37.1B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.