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fair-value calculator // DCF · reverse DCF · GrahamFREE

What’s a stock actually worth?

Three classic estimates — a two-stage DCF, a reverse DCF, and the Graham number — computed from a company’s own SEC filings, with every assumption editableand every input shown. The opposite of a proprietary “fair value” you can’t check.

jnj · JOHNSON & JOHNSONFull workspace →
FAIR-VALUE RANGE
$195.49
CURRENT PRICE
$249.97
MARGIN OF SAFETY (vs mid)
-22%
TWO-STAGE DCF
$195.49
-22% vs price
8% growth for 10y, 2.5% terminal, 9% discount
GRAHAM NUMBER
—
√(22.5 × EPS × book value/share)
REVERSE DCF
11.2%
FCF growth the current price implies for 10y.
YOUR ASSUMPTIONS — TWEAK ANYTHING
THE INPUTS — FROM JNJ’S FILINGS, FY ENDING 2025-12-28
Free cash flow $19.70BShares 2.41BDiluted EPS $11.03Book value/share —

Estimates, not targets. The DCF treats free cash flow as cash flow to equity and divides by shares (the common retail shortcut — it skips net debt and a full WACC), so it’s a sanity-check, not a valuation opinion. All inputs are from JNJ’s SEC filings; change any assumption above and the numbers update live. Educational only — not investment advice.

A DCF is only as good as its assumptions — that’s exactly why every one here is yours to change. We treat free cash flow as cash flow to equity and divide by shares (the common retail shortcut; it skips net debt and a full WACC), so treat the output as a sanity-check range, not a valuation opinion. Inputs from SEC filings. Educational only — not investment advice.