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Fair Value for Biogen (BIIB)

See growth priced into Biogen (BIIB): reverse DCF, implied rate vs history and analysts, FCF view. Free intrinsic value calculator for education.

FCF / share

Fair value (multi-method)

Four independent methods triangulate what BIIB is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.

Estimated fair value (Forward DCF)

$53.24

Above fair value
-271.38% vs current price $197.74

Method range

$53.24 $257.43

median $149.75

Methods disagree

Valuation methods

Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.

  • Forward DCF$53.24
  • Exit multiple$257.43
  • Analyst target$220.83
  • Graham number$78.66

Stock price

$197.74

FCF / share (TTM)

$4.73

3Y FCF CAGR

-11.3%

Fair value @ hist. growth

$49.56

This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.

Implied FCF growth

4.7%

per year over your projection horizon

Premium vs DCF

Margin of safety -299.0% vs hist-growth DCF

Historical 3Y CAGR

-11.3%

Your model implies

4.7%

Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.

Model inputs

Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.

Discount rate (cost of equity proxy)5.5%
Terminal growth2.50%
Projection years10 yr
FCF growth per year (supplemental projection)-11%

Undiscounted FCF per share over 10 years at -11% annual growth.

Sensitivity — implied growth vs your assumptions

Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.

Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount1.5%2.0%2.5%3.0%3.5%
5.0%5.8%4.4%2.7%0.7%-2.0%
5.0%5.8%4.4%2.7%0.7%-2.0%
5.5%7.4%6.1%4.7%3.0%0.9%
6.5%10.4%9.4%8.3%7.1%5.6%
7.5%13.1%12.3%11.4%10.4%9.2%
Color≤ historical CAGRModerate premiumHigh premium (≥ 15pp above hist)Your inputs

Historical multiples

Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.

P/EToday19.9
5Y low13.2
Median19.9
5Y high32.3
P/SToday2.6
5Y low2.3
Median3.3
5Y high4.0
EV/EBITDAToday9.6
5Y low8.9
Median10.5
5Y high18.4

Net debt

$3.94B

Total debt − cash

Beta

0.16

Vs market benchmark

Frequently asked questions

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