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Microsoft Corporation (MSFT : NMS)
Sector: Technology | Industry: Software - Infrastructure
$483.24
+2.09 (+0.43%)
MARKET CAP
$3.59T
FCF YIELD
0.46%
CURRENT PRICE
$483.24
P/E RATIO
26.95x
MODEL INPUTS
Base Year FCF (in Millions)
Intrinsic Fair Value
$103.84
per share
5-YEAR FREE CASH FLOW PROJECTIONS
Year Projected FCF Discount Factor (WACC) Present Value (PV)
Base (0) $16.55B - -
Year 1 $21.79B at 31.7% growth $19.99B
Year 2 $28.70B at 31.7% growth $24.15B
Year 3 $37.80B at 31.7% growth $29.18B
Year 4 $49.78B at 31.7% growth $35.26B
Year 5 $65.56B at 31.7% growth $42.61B
VALUATION ARITHMETIC
Valuation Step Value
PV of Projected FCFs (Sum Y1-Y5) $151.20B
Terminal Value (Perpetuity at 2.5%) $1.03T
PV of Terminal Value $671.87B
Enterprise Value (EV) $823.07B
Less: Total Debt -$128.81B
Add: Total Cash & Equivalents +$76.84B
Equity Value $771.10B
Divided by: Shares Outstanding 7,425,545,491.00
Intrinsic Value (Fair Value per Share) $103.84
FINANCIAL RATIOS & STATS
Financial Metric Value
Trailing P/E 26.95x
Forward P/E 20.50x
Price-to-Book (P/B) 8.11x
Price-to-Sales (P/S) 10.81x
Net Profit Margin (Net Income / Revenue) 40.30%
Operating Profit Margin (EBIT / Revenue) 45.11%
Return on Equity (ROE) 34.04%
Return on Assets (ROA) 14.09%
Dividend Rate $3.64
Dividend Yield 0.75%
Ex-Dividend Date 2026-08-20
Next Earnings Date 2026-07-29