Intrinsic value
Automated free-cash-flow DCF baseline for Snap Inc, derived from annual filing data.
DCF fair value
$2.03
Implied equity value $3B
Current price
—
Latest available quote for the primary listing.
Margin of safety
N/A
Live market price unavailable. Refreshing the route will retry the quote.
Fair value range
$1.67 – $2.50
Bear
$1.67
Base
$2.03
Bull
$2.50
Model assumptions
Cash flow base
$270M
Basis
Operating cash flow less capex (firm-value proxy)
Growth
10.0%
Discount
10.5%
Terminal
2.5%
Horizon
5y
Assumption sensitivity
vs base per share
What the market is pricing in
Intrinsic EV-to-equity bridge
Enterprise value
$4B
Less total debt
− $4B
Plus cash and equivalents
+ $3B
Equity value
$3B
Diluted shares
1,694,598,000
Fair value / share
$2.03