Growth & Assumptions

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Market & Balance Sheet Data

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Cash Flow Projection

Year2027202820292030203120322033203420352036
Free Cash Flow2,243.272,642.573,112.943,667.054,319.784,832.975,407.136,049.56,768.187,572.24
Terminal Value---------97,492.53
Cumulated PVRunning Sum2,020.964,165.736,441.888,857.4811,421.0614,004.9716,609.3619,234.3921,880.2458,882.42
* Scroll horizontally for more yearsAll figures in USD Millions

Valuation Breakdown

Enterprise Value (EV)$58,882.42
(+) Cash & Investments$1,402.4
(-) Total Debt$7,000
Equity Value$53,284.82
Shares Outstanding281.97
Fair Value Per Share$188.97
All figures in USD Millions

Calculated Fair Value

$188.97
Current Price$303.46
Margin of Safety-37.73%
Sell

ECL (ECL) DCF Valuation Analysis

Independent intrinsic value calculation based on latest financial reports.

Potentially Overvalued

Our ECL DCF calculator utilizes a two-stage Discounted Cash Flow model to estimate the true value of ECL stock. As of the most recent quarterly report (6/30/2021), ECL generated $1,904,300,000 in Trailing Twelve Month (TTM) Free Cash Flow.

Key Valuation Metrics for ECL

Forward P/E
31.19
Price to Book
12.94
Margin of Safety
-37.7%
Intrinsic Value
$188.97

By discounting ECL's future cash flows using an expected return of 11%, we can determine if the stock is currently trading at a margin of safety. A negative margin of safety suggests that market expectations may be too high relative to the company's historical cash flow productivity.

Final Verdict

For ECL to be considered a fair investment at current levels, it would need to sustain a cash flow growth rate of approximately 17.80% for the next five years. This valuation model accounts for ECL's current cash position of $1,402,400,000 and total debt of $7,000,000,000. Currently trading at a premium to its intrinsic value, investors should carefully consider the growth assumptions required to justify the current price.

Why use DCF for ECL?

Discounted Cash Flow is widely considered the most accurate method for valuing mature companies like ECL. Using our Free DCF Calculator, you can customize every assumption in this model to see how it affects the intrinsic value.

Based on Owner Earnings (FCF)
Includes Balance Sheet adjustments
Customizable growth assumptions

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