The Walt Disney Company

AI-generated fair value estimate for this company.

Method: 5-year unlevered FCF DCF: $10.1B base FY2025 free cash flow (OCF $18.10B less capex $8.02B); 8% annual FCF growth FY2026-27 (consensus revenue growth of 7.5%/4.6%); 6% FY2028-30; 8.5% discount rate; 3.5% terminal growth; $36.2B net debt (total debt $42.0B, cash $5.7B); 1.73B diluted shares.

Reasoning: Disney is a mature, FCF-generative diversified media and parks conglomerate with stable reportable cash flows, so a standard multi-stage unlevered DCF anchored to actual analyst consensus near-term growth, tapering to a conservative mid-single-digit rate, was used.