Valuation // discounted cash flow

NFLX DCF calculator

Prefilled with what the filings actually say about Netflix, Inc.: $4.1B shares outstanding and a $256.7B market cap at the last close. Your job is the assumptions — free cash flow, growth, and the discount rate.

Discounted Cash Flow

Live tool
YearProjected FCFFPresent value
1$10.80B$9.82B
2$11.66B$9.64B
3$12.60B$9.46B
4$13.60B$9.29B
5$14.69B$9.12B
Sum of PV, forecast cash flows$47.34B
Terminal value
$216.20B
PV of terminal value
$134.24B
Enterprise value
$181.58B
Equity value
$181.58B
$181.58intrinsic value / shareAdd a current price to see the valuation gap.

Sensitivity: intrinsic value per share

Growth down the side, discount rate across the top. Forecast years, terminal growth, cash, debt and shares stay as entered, and every cell runs the same calculation as the result above.

Growth ↓ Discount →8%9%10%11%12%
4%215.29179.27153.55134.26119.26
6%234.91195.33167.07145.89129.42
8%256.00212.58181.58158.36140.31
10%278.64231.08197.14171.72151.97
12%302.92250.91213.81186.02164.44

Outlined: your current pair. Enter a current price to shade the cells at or above it and draw the line where the estimate equals it.

Ground the assumptions: NFLX workspace (filings, fundamentals) · red flags check · the plain DCF calculator · DCF, defined

NFLX’s fiscal-year cash flow, income and balance sheet from its XBRL filings, dated: XLSX · CSV

NFLX DCF FAQ

What does the NFLX DCF calculator prefill?

NFLX's latest end-of-day price and its filing-derived share count. Free cash flow, growth and discount rate are yours to set — a DCF is only as honest as its assumptions, so we don't pick them for you.

Why is free cash flow not prefilled?

Free cash flow needs judgment: trailing vs normalized, before or after stock-based compensation. We prefill only mechanical facts (price, share count) and leave the judgment inputs to you, stated plainly.

Is this NFLX's fair value?

It is the arithmetic consequence of YOUR inputs. Change the growth or discount rate a point and the answer moves a lot — that sensitivity is the real lesson of a DCF, and none of this is a recommendation.