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)
$429.99
Method range
$33.19 – $429.99
median $143.36
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 | $429.99 | +323.14% |
| Exit multiple | $168.22 | +65.54% |
| Analyst target | $118.50 | +16.61% |
| Graham number | $33.19 | -67.34% |
- Forward DCF$429.99
- Exit multiple$168.22
- Analyst target$118.50
- Graham number$33.19
Stock price
$101.62
FCF / share (TTM)
$1.70
3Y FCF CAGR
7.0%
Fair value @ hist. growth
$34.46
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
21.6%
per year over your projection horizon
Margin of safety -194.9% vs hist-growth DCF
Historical 3Y CAGR
7.0%
Your model implies
21.6%
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% |
|---|---|---|---|---|---|
| 7.6% | 18.1% | 17.2% | 16.3% | 15.2% | 14.1% |
| 8.6% | 20.6% | 19.9% | 19.1% | 18.2% | 17.3% |
| 9.6% | 23.0% | 22.3% | 21.6% | 20.9% | 20.1% |
| 10.6% | 25.2% | 24.6% | 24.0% | 23.3% | 22.6% |
| 11.6% | 27.3% | 26.8% | 26.2% | 25.6% | 25.0% |
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
$1.2B
Total debt − cash
Beta
1.00
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