Market Pulse44Neutral

The Walt Disney CompanyOpportunity Rank #41(DIS) Intrinsic Value & DCF Analysis (2026)

Current Price

$102.43

Last updated: Jun 23, 2026

Price vs Intrinsic Value

$102.43
Price
$209.67
Intrinsic Value
Undervalued by 105%MOS: $167.74

Fundamental Score

71/100
Bullish

Weighted across 6 signals

Narrative Score

73/100
Strong

-1 vs previous

Trend Score

39/100
Weak

As of 2026-06-22

The intrinsic value of The Walt Disney Company (DIS) is estimated at $209.67 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $102.43, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 3.67% long-term growth rate and an 8.77% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of The Walt Disney Company (DIS) is estimated at $209.67 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $102.43, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 3.67% long-term growth rate and an 8.77% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$209.67
104.70% upside
20% margin of safety: $167.74
Years: 10Growth Rate: 3.67%
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Capital Efficiency

Average Quarterly ROIC
2.33%
Cost of Capital (estimated)8%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.

Fundamental Details

71/100
BullishWeighted across 6 signals
DCF Discount
104.7% discount to price
100
FCF Yield
13.8% trailing FCF yield
100
ROIC vs WACC
ROIC 2.3% vs WACC 8.0% (0.3x)
15
Net Debt / FCF
1.7x net debt to FCF
39
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
16.0% 5Y FCF CAGR
100
Strengths: DCF Discount, FCF Yield. Concerns: ROIC vs WACC, Net Debt / FCF.

Narrative Details

73/100
Strong
-1 vs previousVs 6-Month Baseline:Above Avg (73rd pct)Weighted across 6 recent drivers
Trend: Improving upConfidence: 100%Updated: 3m ago
Sources: 211 (200 News · 11 Analyst)
Drivers(last 30 days)
166 news sentiment+2.0
21 regulatory scrutiny+0.3
5 earnings beat+0.0
2 upgrade headlines+0.0
Macro headwinds-0.0
3 layoffs+0.0

Trend Details

39/100
WeakAs of 2026-06-22308 daily bars used
6M Relative Strength vs SPY-18.3%
3M Relative Strength vs SPY-11.8%
Distance from 52-Week High-17.4%
Price vs 21 EMA55 · +0.8%
Price vs 50 EMA52 · +0.3%
21 EMA vs 50 EMA46 · -0.5%
3M RS vs SPY12 · -11.8%
6M RS vs SPY12 · -18.3%
Distance from 52W High65 · -17.4%

Investment Coach

Updating... 12d ago
BUYConfidence: 62%
Thesis
The Walt Disney Company is undervalued with an estimated fair value 111% above its current price, supported by strong fundamentals including a healthy free cash flow yield of 14.3%. Despite trailing returns relative to its cost of capital, Disney's robust free cash flow growth and buyback activity underpin a bullish investment case.
Key Risk
Disney's return on invested capital remains below its weighted average cost of capital, indicating potential challenges in generating sufficient economic profit.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC vs WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 3.67%5 Year CAGR: 21.76%

Free Cash Flow (in millions)

TTM20252024202320222021202020192018201720162015201420132012201120102009200820072006
$24,474$26,125$19,383$14,835$10,953$9,145$11,640$11,482$18,760$15,966$17,986$15,174$13,091$12,248$11,750$10,553$8,688$7,072$7,032$6,987$7,357

How Intrinziq Estimates Fair Value

Intrinziq estimates The Walt Disney Company's intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

The Walt Disney CompanyCommunication Services

Operating worldwide through its various subsidiaries, The Walt Disney Company (DIS) stands as a prominent global entertainment enterprise. Its vast array of activities is organized into two primary divisions: Disney Media and Entertainment Distribution, and Disney Parks, Experiences and Products. Within its media and entertainment arm, Disney is actively engaged in developing and distributing both cinematic films and television series. This segment encompasses the management of well-known broadcast networks such as ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star, as well as renowned film studios responsible for productions under banners like Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures. The company also delivers content directly to consumers through its popular streaming platforms, including Disney+, Disney+ Hotstar, ESPN+, Hulu, and Star+. Further activities involve licensing its film and television content to external broadcasters and subscription video-on-demand services, overseeing theatrical releases, home entertainment distribution, and music distribution, staging and licensing live entertainment spectacles, and offering specialized post-production services via Industrial Light & Magic and Skywalker Sound. The "Parks, Experiences and Products" segment manages a celebrated collection of global theme parks and resorts, which notably includes Walt Disney World Resort in Florida, Disneyland Resort in California, Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort. This division also features the Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions, Adventures by Disney, and Aulani, a resort and spa located in Hawaii. The company extends its brand presence by licensing its intellectual property to a third party for the operations of the Tokyo Disney Resort. A substantial part of this segment involves consumer products, where Disney licenses its iconic trade names, characters, visual elements, literary works, and other intellectual property for use on a diverse range of merchandise, published materials, and games. Moreover, it sells branded merchandise directly through its retail stores, online platforms, and wholesale channels, and actively develops and publishes various books, comic books, and magazines. The Walt Disney Company was founded in 1923 and is based in Burbank, California.