Fair value (multi-method)
Four independent methods triangulate what PM 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)
$247.04
Method range
$146.81 – $247.04
median $199.60
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 | $247.04 | +27.14% |
| Exit multiple | $146.81 | -24.44% |
| Analyst target | $199.60 | +2.73% |
| Graham number | — | — |
- Forward DCF$247.04
- Exit multiple$146.81
- Analyst target$199.60
- Graham number—
Stock price
$194.30
EPS (TTM)
$6.96
5Y EPS CAGR
7.1%
Fair value @ hist. growth
$247.04
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 EPS growth
4.1%
per year over your projection horizon
Margin of safety 21.3% vs hist-growth DCF
Historical 5Y CAGR
7.1%
Your model implies
4.1%
Next-year analyst consensus
20.1%
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.
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% |
|---|---|---|---|---|---|
| 5.0% | 1.1% | -0.3% | -1.8% | -3.8% | -6.2% |
| 5.7% | 3.2% | 2.1% | 0.9% | -0.6% | -2.4% |
| 6.7% | 6.0% | 5.1% | 4.1% | 3.0% | 1.7% |
| 7.7% | 8.4% | 7.7% | 6.9% | 6.0% | 5.0% |
| 8.7% | 10.7% | 10.0% | 9.4% | 8.6% | 7.8% |
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.
PEG
1.63
Fair vs growth
Net debt
$44B
Total debt − cash
Beta
0.41
Vs market benchmark
Annual diluted EPS
Per-share earnings by fiscal year — last 5 years anchor the CAGR reference above.
Frequently asked questions
Philip Morris International (PM) 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.