Fair value (multi-method)
Four independent methods triangulate what BKNG 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)
$604,614.78
Method range
$230.70 – $604,614.78
median $284.07
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 “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $604,614.78 | +364,477.17% |
| Exit multiple | $284.07 | +71.29% |
| Analyst target | $230.70 | +39.11% |
| Graham number | — | — |
- Forward DCF$604,614.78
- Exit multiple$284.07
- Analyst target$230.70
- Graham number—
Stock price
$165.84
FCF / share (TTM)
$3.93
3Y FCF CAGR
46.3%
Fair value @ hist. growth
$1189.58
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
17.8%
per year over your projection horizon
Margin of safety 86.1% vs hist-growth DCF
Historical 3Y CAGR
46.3%
Your model implies
17.8%
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.
Undiscounted FCF per share over 10 years at 46% annual growth.
Cumulative FCF covers the current price by year 8.
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 →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 8.0% | 14.5% | 13.8% | 12.9% | 12.0% | 11.0% |
| 9.0% | 16.9% | 16.2% | 15.5% | 14.7% | 13.9% |
| 10.0% | 19.0% | 18.4% | 17.8% | 17.2% | 16.5% |
| 11.0% | 21.1% | 20.6% | 20.0% | 19.4% | 18.8% |
| 12.0% | 23.0% | 22.6% | 22.1% | 21.6% | 21.0% |
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.
Net debt
$2.1B
Total debt − cash
Beta
1.09
Vs market benchmark
Frequently asked questions
Booking Holdings (BKNG) Key Financials
Charts, filings, and peer comparison for every metric
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