DCF Valuation
Base-case fair value
$393.04
Intrinsic $524.06 · 25% MOS
Current price: $127.98
Base-case summary
Our base-case DCF for Accenture plc (ACN) projects 10 years of free cash flow growth at 8.4% for years 1–5 and 4.2% for years 6–10, anchored to 8.4% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $12.6B in trailing free cash flow, this produces an intrinsic value of $524.06 per share. A 25% safety margin gives a fair value of $393.04, suggesting the stock is currently 207% undervalued against the $127.98 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$12.6B
Cash & equivalents
$10.2B
Total debt
$8.5B
Shares outstanding
616M