← Back to DCF

Breakdown · GOOGL

Alphabet Class A

WACC
FCF PROJECTION
SENSITIVITY
PER-YEAR CASH FLOWS
Year CF Discount factor PV Cumulative PV
1 12.55 0.8921 11.19 11.19
2 13.41 0.7959 10.67 21.87
3 14.33 0.7100 10.18 32.05
4 15.32 0.6334 9.70 41.75
5 16.37 0.5651 9.25 51.00
6 17.50 0.5041 8.82 59.82
7 18.70 0.4497 8.41 68.24
8 19.99 0.4012 8.02 76.26
9 21.37 0.3579 7.65 83.91
10 22.84 0.3193 7.29 91.20
11 23.41 0.2849 6.67 97.86
12 23.99 0.2541 6.10 103.96
13 24.59 0.2267 5.58 109.54
14 25.21 0.2023 5.10 114.64
15 25.84 0.1804 4.66 119.30
16 26.48 0.1610 4.26 123.56
17 27.14 0.1436 3.90 127.46
18 27.82 0.1281 3.56 131.02
19 28.52 0.1143 3.26 134.28
20 29.23 0.1020 2.98 137.26
REVERSE DCF

At $322.16, the market implies a stage-1 growth rate of 20.1%.

MARKET IMPLIES
20.1%
YOUR ASSUMPTION
6.9%
DELTA
+13.2pp

If $322.16 is correct and your other inputs (WACC 12.1%, 10+10y, terminal 2.5%) hold, the market needs GOOGL to grow cash flow at 20.1% annually for the next 10 years.