Back to TWLO Overview
NYQ · Valuation Lab
TWLO
Twilio Inc.
Last$193.22
Market cap29.3B
EV/EBITDA63.8x
Intrinsic value
$188.63
MoS -2.4% · Fairly Valued
Assuming 16.6% FCF margin and 20.0% Y1–5 growth.
Upside to price
EV (DCF)27.4B
Terminal share56%
Expected IV$195.95
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 56% of EV
PV of stage FCFs12B
PV of terminal value15.4B
Enterprise value27.4B
Net cash / (debt)1.3B
Equity value28.6B
Intrinsic value / share$188.63
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 6.4B | 1.1B | 952.5M | 90.2% |
| Y2 | 7.6B | 1.3B | 1B | 81.3% |
| Y3 | 9.2B | 1.5B | 1.1B | 73.4% |
| Y4 | 11B | 1.8B | 1.2B | 66.2% |
| Y5 | 13.2B | 2.2B | 1.3B | 59.7% |
| Y6 | 14.5B | 2.4B | 1.3B | 53.8% |
| Y7 | 16B | 2.6B | 1.3B | 48.5% |
| Y8 | 17.6B | 2.9B | 1.3B | 43.8% |
| Y9 | 19.3B | 3.2B | 1.3B | 39.5% |
| Y10 | 21.2B | 3.5B | 1.3B | 35.6% |
| Terminal | — | — | 15.4B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.