Intrinsic value of CVS Health Corporation (CVS)

[per Chepakovich valuation model]

other valuations of CVS

[per Chepakovich valuation model]  See other valuations of CVS stock

Previous Close$84.37
Intrinsic Value
Upside potential
Previous Close
$84.37

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %4.7NaN
Revenue, $268706NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m254795NaN
Operating income, $m13911NaN
EBITDA, $m18352NaN
Interest expense (income), $mNaN
Earnings before tax, $m9748NaN
Tax expense, $m2569NaN
Net income, $m7179NaN

BALANCE SHEET

Cash and short-term investments, $m10854NaN
Total assets, $m230715NaN
Adjusted assets (=assets-cash), $m219861NaN
Average production assets, $m124107NaN
Working capital, $m-5648NaN
Total debt, $m64647NaN
Total liabilities, $m161014NaN
Total equity, $m69701NaN
Debt-to-equity ratio0.927NaN
Adjusted equity ratio0.292NaN

CASH FLOW

Net income, $m7179NaN
Depreciation, amort., depletion, $m4441NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m15865NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-2437NaN
Free cash flow, $m18302NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m-5648
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN