Ticker League

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.

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)

$52.52

Above fair value
-271.95% vs current price $195.34

Method range

$52.52 $276.52

median $145.46

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$52.52
  • Exit multiple$276.52
  • Analyst target$212.26
  • Graham number$78.66

Stock price

$195.34

FCF / share (TTM)

$4.73

3Y FCF CAGR

-11.3%

Fair value @ hist. growth

$48.71

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

4.8%

per year over your projection horizon

Premium vs DCF

Margin of safety -301.0% vs hist-growth DCF

Historical 3Y CAGR

-11.3%

Your model implies

4.8%

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%5.7%4.3%2.6%0.5%-2.1%
5.0%5.7%4.3%2.6%0.5%-2.1%
5.5%7.4%6.2%4.8%3.1%1.1%
6.5%10.4%9.5%8.4%7.1%5.7%
7.5%13.1%12.3%11.4%10.4%9.3%
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/EToday20.0
5Y low13.2
Median20.0
5Y high32.2
P/SToday2.6
5Y low2.3
Median3.3
5Y high4.0
EV/EBITDAToday9.6
5Y low8.9
Median10.5
5Y high18.4

Net debt

$3.9B

Total debt − cash

Beta

0.20

Vs market benchmark

Frequently asked questions