Back to TMUS Overview
NMS · Valuation Lab
TMUS
T-Mobile US, Inc.
Last$173.46
Market cap186.1B
EV/EBITDA8.8x
Intrinsic value
$308.31
MoS +43.7% · Undervalued
Assuming 12.3% FCF margin and 7.9% Y1–5 growth.
Upside to price
EV (DCF)448.3B
Terminal share74%
Expected IV$306.19
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 74% of EV
PV of stage FCFs118.4B
PV of terminal value330B
Enterprise value448.3B
Net cash / (debt)-117.6B
Equity value330.7B
Intrinsic value / share$308.31
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 99.5B | 12.2B | 11.5B | 94.3% |
| Y2 | 107.3B | 13.2B | 11.7B | 89.0% |
| Y3 | 115.8B | 14.2B | 12B | 84.0% |
| Y4 | 125B | 15.4B | 12.2B | 79.2% |
| Y5 | 134.8B | 16.6B | 12.4B | 74.7% |
| Y6 | 140.2B | 17.2B | 12.2B | 70.5% |
| Y7 | 145.8B | 17.9B | 11.9B | 66.5% |
| Y8 | 151.7B | 18.7B | 11.7B | 62.7% |
| Y9 | 157.7B | 19.4B | 11.5B | 59.2% |
| Y10 | 164B | 20.2B | 11.3B | 55.8% |
| Terminal | — | — | 330B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.