Maplebear Inc.
AI Valuation
AI-generated fair value estimate for this company.
AI Fair Value
$129.57
Market Price
$45.21
Undervalued By
65.1%
Method: 10-year two-stage FCF DCF: $1.18B TTM FCF base; 10% growth years 1-5; 5% years 6-10; 9% discount rate; 3% terminal growth; -$816M net cash; 231.50M shares outstanding.
Reasoning: Instacart (Maplebear) is a profitable, asset-light grocery-delivery marketplace with a fortress balance sheet and free cash flow conversion near 30% of revenue, making a standard FCF DCF appropriate; growth assumptions reflect continued online-grocery penetration and advertising-revenue growth.