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Fair Value for Devon Energy (DVN)

See growth priced into Devon Energy (DVN): 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 DVN 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)

$69.99

Margin of safety
+35.87% vs current price $44.88

Method range

$10.39 $69.99

median $47.81

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$69.99
  • Exit multiple$35.62
  • Analyst target$60.00
  • Graham number$10.39

Stock price

$44.88

FCF / share (TTM)

$1.01

3Y FCF CAGR

0.6%

Fair value @ hist. growth

$20.37

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

10.3%

per year over your projection horizon

Premium vs DCF

Margin of safety -120.4% vs hist-growth DCF

Historical 3Y CAGR

0.6%

Your model implies

10.3%

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)6.8%
Terminal growth2.50%
Projection years10 yr
FCF growth per year (supplemental projection)1%
3Y CAGR 1%

Undiscounted FCF per share over 10 years at 1% 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%6.6%5.1%3.4%1.4%-1.3%
5.8%9.3%8.2%6.9%5.3%3.5%
6.8%12.3%11.3%10.3%9.1%7.8%
7.8%14.9%14.1%13.2%12.3%11.2%
8.8%17.2%16.6%15.8%15.0%14.2%
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/EToday8.7
5Y low6.7
Median7.7
5Y high10.5
P/SToday1.3· at low
5Y low1.3
Median1.9
5Y high2.4
EV/EBITDAToday4.0
5Y low3.9
Median4.4
5Y high6.2

Net debt

$7.35B

Total debt − cash

Beta

0.43

Vs market benchmark

Frequently asked questions