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Disney DCF Stock Analysis.

Here’s my assumptions:

Risk Free Rate (10 Years Interest Rate Swap): 3.84%

Risk Premium (Taken from the Aswath Damodaran equity premium spreadsheet): 4.33%

Interest Rate Spread on The Risk free rate ( For the cost of debt calculation): 1%

Historical Data

Revenue growth in the last 10 years (CAGR): 5.70%

Earnings growth in the last 10 years (CAGR): -5.09%

Unlevered Free Cash Flow growth in the last 10 years (CAGR): 2.97%

Future Assumptions

End of Year FCF growth: 2%

Growth until end of 2026: 3%

Growth until end of 2034: 2.5%

Perpetual growth: 2.5%

Net Debt: 36.896B

Outstanding Stock Options Present Value Assumption: ~$0B (Weighted average strike price is below current stock price)

Restricted Stock Units Present Value Assumption: $2.886B

Stock Valuation based on these assumptions: $82.29

Last update 10/26/2025

All the content in this newsletter should be taken as informational content only. THIS IS NOT FINANCIAL ADVICE! Do your own Due Diligence before investing or contact a professional financial advisor.

I don’t have a position in Disney (DIS) and I don’t plan to add a position in the coming days.