GSK

GSK — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($57.07)
DCF$518.45+808.4%
Graham Number$21.40-62.5%
Reverse DCFimplied g: 15.6%
DDM$36.67-35.7%
EV/EBITDA$113.98+99.7%

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $3.96B
Rev: 6.2% / EPS: 55.1%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$519.36
Current Price$57.07
Upside / Downside+810.0%
Net Debt (used)$14.31B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term47.1%51.1%55.1%59.1%63.1%
7.0%$639.09$730.70$832.46$945.20$1069.80
8.0%$496.17$567.28$646.27$733.76$830.43
9.0%$398.74$455.89$519.36$589.64$667.30
10.0%$328.50$375.59$427.87$485.77$549.71
11.0%$275.77$315.31$359.20$407.79$461.46

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $3.72
Yahoo: $5.47

Results

Graham Number$21.40
Current Price$57.07
Margin of Safety-62.5%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$57.07
Implied Near-term FCF Growth15.6%
Historical Revenue Growth6.2%
Historical Earnings Growth55.1%
Base FCF (TTM)$3.96B
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: $1.78

Results

DDM Intrinsic Value / share$36.67
Current Price$57.07
Upside / Downside-35.7%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $13.21B
Current: 18.4×
Default: $14.31B

Results

Implied Equity Value / share$113.98
Current Price$57.07
Upside / Downside+99.7%
Implied EV$242.92B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$6.31B$10.31B$14.31B$18.31B$22.31B
14.4x$91.63$89.63$87.64$85.64$83.65
16.4x$104.80$102.80$100.81$98.81$96.82
18.4x$117.97$115.98$113.98$111.99$109.99
20.4x$131.14$129.15$127.16$125.16$123.17
22.4x$144.32$142.32$140.33$138.33$136.34