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Fair Value for M&T Bank (MTB)

See growth priced into M&T Bank (MTB): 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 MTB 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)

$744.25

Margin of safety
+70.11% vs current price $222.44

Method range

$125.19 $744.25

median $219.02

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$744.25
  • Exit multiple$200.33
  • Analyst target$237.71
  • Graham number$125.19

Stock price

$222.44

FCF / share (TTM)

$5.61

3Y FCF CAGR

-2.1%

Fair value @ hist. growth

$79.86

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

10.8%

per year over your projection horizon

Premium vs DCF

Margin of safety -178.5% vs hist-growth DCF

Historical 3Y CAGR

-2.1%

Your model implies

10.8%

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)7.5%
Terminal growth2.50%
Projection years10 yr
FCF growth per year (supplemental projection)-2%
3Y CAGR -2%

Undiscounted FCF per share over 10 years at -2% 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%
5.5%6.8%5.6%4.2%2.5%0.4%
6.5%9.8%8.9%7.8%6.5%5.1%
7.5%12.5%11.7%10.8%9.8%8.7%
8.5%14.9%14.2%13.4%12.6%11.7%
9.5%17.1%16.5%15.9%15.2%14.4%
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/EToday11.5
5Y low8.3
Median11.5
5Y high12.1
P/SToday2.7
5Y low1.8
Median2.7
5Y high3.3
EV/EBITDAToday6.9
5Y low1.5
Median6.3
5Y high7.5

Net cash

$5.7B

Total debt − cash

Beta

0.59

Vs market benchmark

Frequently asked questions