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DHR Danaher Corporation

pharma · valued with glm-5.2 medium conviction · deep-dived 2026-09-07

STRONG SELL
Intrinsic value$47.28
Price (at call)$207.66
Margin of safety -77.2%
vs market (rating basis) -48.1%

Model unavailable; showing baseline valuation.

⚠ LLM error: empty response; using baseline

The story

Value drivers

Revenue growth (Y1)-2.7%
Terminal growth3.5%
Forecast horizon10y
Target operating margin20.1%
Years to target margin5
Sales-to-capital0.50
Beta0.81
Failure probability0.0%
Cost of capital (WACC)8.1%
Terminal WACC8.9%

Valuation bridge

PV of explicit FCFF24.91B
PV of terminal value23.80B
Equity value33.24B
÷ shares → per share$47.28

News

neutral -0.10 · 8 articles

  • Is Revvity Stock a Buy as Growth Improves but Valuation Stays Rich?
  • Pediatrix Medical Group (MD) Up 3.4% Since Last Earnings Report: Can It Continue?
  • Danaher (DHR) Seen Deftly Navigating AI Integration
  • Danaher (DHR) Stock Trades Near Fair Value But At An Earnings Premium
  • Merck KGaA shares rise 1.7% after HSBC upgrades stock to Buy
  • Is Danaher Stock Underperforming the Nasdaq?
  • Jim Cramer Calls BillionToOne (BLLN) a “Pretty Darn Good Company”
  • Why Danaher (DHR) Remains a Healthcare Compounder to Watch

Projected free cash flow to the firm

YrRevenueGrowthMarginNOPATReinvestFCFFPV
1 24.44B -2.7% 20.1% 4.18B 0 4.18B 3.87B
2 23.95B -2.0% 20.1% 4.10B 0 4.10B 3.51B
3 23.64B -1.3% 20.1% 4.05B 0 4.05B 3.20B
4 23.50B -0.6% 20.1% 4.02B 0 4.02B 2.94B
5 23.52B 0.1% 20.1% 4.03B 34.85M 3.99B 2.70B
6 23.69B 0.8% 20.1% 4.06B 357.12M 3.70B 2.31B
7 24.04B 1.4% 20.1% 4.11B 684.53M 3.43B 1.98B
8 24.55B 2.1% 20.1% 4.20B 1.02B 3.18B 1.70B
9 25.24B 2.8% 20.1% 4.32B 1.38B 2.94B 1.45B
10 26.12B 3.5% 20.1% 4.47B 1.77B 2.71B 1.24B

History

DatePriceIntrinsicMoSRating
2026-09-07$207.66 $47.28 -77.2% STRONG SELL
2026-08-05$194.78 $51.52 -73.5% SELL
2026-07-02$193.72 $58.01 -70.1% SELL
2026-06-23$178.97 $63.98 -64.3% SELL