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Fair Value for Waters Corporation (WAT)

See growth priced into Waters Corporation (WAT): 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 WAT 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)

$119.31

Above fair value
-210.80% vs current price $370.82

Method range

$60.50 $434.58

median $261.26

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$119.31
  • Exit multiple$434.58
  • Analyst target$403.20
  • Graham number$60.50

Stock price

$370.82

EPS (TTM)

$7.87

5Y EPS CAGR

5.2%

Fair value @ hist. growth

$119.31

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

20.9%

per year over your projection horizon

Premium vs DCF

Margin of safety -210.8% vs hist-growth DCF

Historical 5Y CAGR

5.2%

Your model implies

20.9%

Next-year analyst consensus

84.5%

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)10.7%
Terminal growth2.50%
Projection years10 yr

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%
8.7%17.7%17.0%16.2%15.4%14.5%
9.7%19.9%19.3%18.6%17.9%17.2%
10.7%22.0%21.5%20.9%20.3%19.6%
11.7%24.0%23.6%23.0%22.5%21.9%
12.7%26.0%25.5%25.1%24.6%24.1%
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/EToday35.2· at high
5Y low29.0
Median33.1
5Y high35.2
P/SToday7.1
5Y low6.6
Median7.1
5Y high8.2
EV/EBITDAToday23.2
5Y low21.4
Median22.6
5Y high24.5

PEG

0.71

Low vs growth

Net debt

$903M

Total debt − cash

Beta

1.20

Vs market benchmark

Annual diluted EPS

Per-share earnings by fiscal year — last 5 years anchor the CAGR reference above.

Scale: 0.25 to 11.73 EPS; horizontal line at 0. Fiscal years with no row in the database are omitted.

Frequently asked questions