Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2024-03-11), The Walt Disney Co's Intrinsic Value: Projected FCF is $63.83. The stock price of The Walt Disney Co is $110.32. Therefore, The Walt Disney Co's Price-to-Intrinsic-Value-Projected-FCF of today is 1.7.
The historical rank and industry rank for The Walt Disney Co's Intrinsic Value: Projected FCF or its related term are showing as below:
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of The Walt Disney Co was 2.66. The lowest was 0.96. And the median was 1.47.
The Walt Disney Co Intrinsic Value: Projected FCF Historical Data
The historical data trend for The Walt Disney Co's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
| The Walt Disney Co Annual Data | |||||||||||
| Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |
| Intrinsic Value: Projected FCF | 84.77 | 71.75 | 69.33 | 66.09 | 64.76 | ||||||
| The Walt Disney Co Quarterly Data | ||||||||||||||||||||
| Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
| Intrinsic Value: Projected FCF | 62.76 | 64.69 | 64.06 | 64.76 | 63.83 | |||||||||||||||
Competitive Comparison
For the Entertainment subindustry, The Walt Disney Co's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Walt Disney Co Price-to-Projected-FCF Distribution
For the Media - Diversified industry and Communication Services sector, The Walt Disney Co's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where The Walt Disney Co's Price-to-Projected-FCF falls into.
The Walt Disney Co Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)
In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):
Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)
Add all the Free Cash Flow together and divide 6 will get The Walt Disney Co's Free Cash Flow(6 year avg) = $3,839.20.
The Walt Disney Co's Intrinsic Value: Projected FCF for today is calculated as
| Intrinsic Value: Projected FCF | = | (Growth Multiple | * | Free Cash Flow (6 year avg) | + | Total Stockholders Equity (Dec23) | * | 0.8) | / | Shares Outstanding (Diluted Average) |
| = | (9.5203515959648 | * | 3839.2 | + | 100721 | * | 0.8) | / | 1835.000 | |
| = | 63.83 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Walt Disney Co(NYSE:DIS) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
The Walt Disney Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
| Price-to-Intrinsic-Value-Projected-FCF | = | Share Price | / | Intrinsic Value: Projected FCF |
| = | 110.32 | / | 63.82960972601 | |
| = | 1.73 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Walt Disney Co Intrinsic Value: Projected FCF Related Terms
Thank you for viewing the detailed overview of The Walt Disney Co's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
The Walt Disney Co (NYSE:DIS) Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Communication Services » Media - Diversified » The Walt Disney Co (NYSE:DIS) » Definitions » Intrinsic Value: Projected FCF
Comparable Companies
NAS:NFLX NYSE:LYV NAS:WBD NAS:SIRI NAS:WMG NAS:FWONA NAS:NWSA NAS:FOXA NAS:ROKU NAS:PARA XAMS:UMG XPAR:BOL XPAR:VIV NYSE:EDR NYSE:TKO XKRX:352820 TSE:9602 NAS:NXST NYSE:MSGS MEX:MEGACPO
Traded in Other Exchanges
DIS:Mexico DIS_KZ:Kazakhstan 1DIS:Italy WDPd:UK 0QZO:UK WDP0:Germany WDP:Germany WDP:Germany WDP:Germany WDP:Germany DIS:Chile DIS:Canada DISB34:Brazil DIS:Austria DIS:Argentina
Address
500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.
Executives
| Sonia L Coleman | officer: Sr. EVP and Chief HR Officer | 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521 |
| Brent Woodford | officer: EVP, Control, Fin Plan & Tax | 1441 GARDINER LANE, LOUISVILLE KY 40213 |
| Amy Chang | director | 2100 SEAPORT BLVD., C/O INFORMATICA CORPORATION, REDWOOD CITY CA 94063 |
| Kevin A Lansberry | officer: Interim Chief Finan Officer | 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521 |
| Christine M Mccarthy | officer: SEVP-Chief Financial Officer | 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0964 |
| Carolyn Everson | director | C/O THE HERTZ CORPORATION, 225 BRAE BOULEVARD, PARK RIDGE NJ 07656-0713 |
| Kristina K Schake | officer: Sr. EVP and Chief Comm Officer | 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521 |
| Horacio E Gutierrez | officer: Sr EVP, General Counsel & Secy | 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521 |
| Geoff Morrell | officer: SEVP Chf Corp Affairs Officer | 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521 |
| Robert A Chapek | officer: Chief Executive Officer | 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521 |
| Paul J Richardson | officer: Sr. EVP and Chief HR Officer | 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521 |
| Calvin Mcdonald | director | C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7 |
| Robert A Iger | director, officer: Chairman and CEO | C/O WALT DISNEY CO, 500 S BUENA VISTA STREET, BURBANK CA 91521-1062 |
| Zenia B. Mucha | officer: SEVP Corporate Communications | 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521 |
| Mary Jayne Parker | officer: SEVP and Chief HR Officer | 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0966 |
The Walt Disney Co (NYSE:DIS) Headlines
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