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DCF Valuation
Base-case fair value
$375.49
Intrinsic $500.65 · 25% MOS
Current price: $650.92
Base-case summary
Our base-case DCF for Quanta Services, Inc. (PWR) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 52.5% historical FCF growth, 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 $500.65 per share. A 25% safety margin gives a fair value of $375.49, suggesting the stock is currently 42% overvalued against the $650.92 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
$440M
Total debt
$6.5B
Shares outstanding
151M