Fair value (multi-method)
Four independent methods triangulate what ZM 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)
$416.83
Method range
$33.19 – $416.83
median $143.12
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 | $416.83 | +385.76% |
| Exit multiple | $167.75 | +95.49% |
| Analyst target | $118.50 | +38.10% |
| Graham number | $33.19 | -61.32% |
- Forward DCF$416.83
- Exit multiple$167.75
- Analyst target$118.50
- Graham number$33.19
Stock price
$85.81
FCF / share (TTM)
$1.70
3Y FCF CAGR
7.0%
Fair value @ hist. growth
$33.57
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
19.7%
per year over your projection horizon
Margin of safety -155.6% vs hist-growth DCF
Historical 3Y CAGR
7.0%
Your model implies
19.7%
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 7% 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 →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 7.7% | 16.3% | 15.5% | 14.6% | 13.6% | 12.5% |
| 8.7% | 18.7% | 18.0% | 17.3% | 16.5% | 15.6% |
| 9.7% | 21.0% | 20.4% | 19.7% | 19.0% | 18.3% |
| 10.7% | 23.1% | 22.6% | 22.0% | 21.4% | 20.7% |
| 11.7% | 25.2% | 24.7% | 24.2% | 23.6% | 23.0% |
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 cash
$1.21B
Total debt − cash
Beta
1.01
Vs market benchmark
Frequently asked questions
Zoom Communications (ZM) 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.