Related stocks: Railroads, Line-Haul Operating
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Related stocks: Railroads, Line-Haul Operating
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
DCF Valuation
Base-case fair value
$40.93
Intrinsic $54.57 · 25% MOS
Current price: $300.53
Base-case summary
Our base-case DCF for Norfolk Southern Corp (NSC) projects 10 years of free cash flow growth at 2.0% for years 1–5 and 1.0% for years 6–10, anchored to a default 8% growth assumption, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $1.6B in trailing free cash flow, this produces an intrinsic value of $54.57 per share. A 25% safety margin gives a fair value of $40.93, suggesting the stock is currently 86% overvalued against the $300.53 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
$1.6B
Cash & equivalents
$1.3B
Total debt
$17.1B
Shares outstanding
225M