Back to SO Overview
NYQ · Valuation Lab
SO
Southern Company (The)
Last$93.10
Market cap107.1B
EV/EBITDA12.9x
Intrinsic value
$36.80
MoS -153.0% · Overvalued
Assuming 15.0% FCF margin and 0.1% Y1–5 growth.
Upside to price
EV (DCF)116.4B
Terminal share71%
Expected IV$38.79
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 71% of EV
PV of stage FCFs34.3B
PV of terminal value82.1B
Enterprise value116.4B
Net cash / (debt)-74.1B
Equity value42.3B
Intrinsic value / share$36.80
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 30.2B | 4.5B | 4.3B | 94.3% |
| Y2 | 30.2B | 4.5B | 4B | 89.0% |
| Y3 | 30.3B | 4.5B | 3.8B | 84.0% |
| Y4 | 30.3B | 4.5B | 3.6B | 79.2% |
| Y5 | 30.3B | 4.5B | 3.4B | 74.7% |
| Y6 | 30.9B | 4.6B | 3.3B | 70.5% |
| Y7 | 31.6B | 4.7B | 3.1B | 66.5% |
| Y8 | 32.2B | 4.8B | 3B | 62.7% |
| Y9 | 32.8B | 4.9B | 2.9B | 59.2% |
| Y10 | 33.5B | 5B | 2.8B | 55.8% |
| Terminal | — | — | 82.1B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.