Fair value (multi-method)
Four independent methods triangulate what DAL 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)
$63.82
Method range
$42.97 – $107.75
median $65.73
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 | $63.82 | -23.58% |
| Exit multiple | $67.64 | -19.02% |
| Analyst target | $107.75 | +29.01% |
| Graham number | $42.97 | -48.55% |
- Forward DCF$63.82
- Exit multiple$67.64
- Analyst target$107.75
- Graham number$42.97
Stock price
$83.52
FCF / share (TTM)
$4.28
3Y FCF CAGR
291.7%
Fair value @ hist. growth
$16,880,668.13
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
9.5%
per year over your projection horizon
Margin of safety 100.0% vs hist-growth DCF
Historical 3Y CAGR
291.7%
Your model implies
9.5%
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 292% annual growth.
Cumulative FCF covers the current price by year 3.
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% |
|---|---|---|---|---|---|
| 9.1% | 6.7% | 6.1% | 5.6% | 4.9% | 4.2% |
| 10.1% | 8.6% | 8.1% | 7.6% | 7.0% | 6.5% |
| 11.1% | 10.4% | 9.9% | 9.5% | 9.0% | 8.5% |
| 12.1% | 12.1% | 11.7% | 11.3% | 10.9% | 10.4% |
| 13.1% | 13.7% | 13.4% | 13.0% | 12.6% | 12.2% |
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
$16.8B
Total debt − cash
Beta
1.29
Vs market benchmark
Frequently asked questions
Delta Air Lines (DAL) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.