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DOW Dow Inc.

materials · valued with glm-5.2 medium conviction · deep-dived 2026-09-10

STRONG SELL
Intrinsic value$0.00
Price (at call)$29.40
Margin of safety -100.0%
vs market (rating basis) -80.8%

Model unavailable; showing baseline valuation.

⚠ LLM error: empty response; using baseline

The story

Value drivers

Revenue growth (Y1)-8.0%
Terminal growth3.5%
Forecast horizon10y
Target operating margin-0.3%
Years to target margin5
Sales-to-capital1.25
Beta0.50
Failure probability0.0%
Cost of capital (WACC)6.8%
Terminal WACC7.4%

Valuation bridge

PV of explicit FCFF-1.47B
PV of terminal value-576.61M
Equity value0
÷ shares → per share$0.00

News

neutral -0.10 · 8 articles

  • Top Midday Stories: Meta Launches Muse Personal AI Agent; Dow Said to Consider Exiting $20 Billion Chemicals JV With Saudi Aramco
  • Dow explores potential exit from $20 billion Saudi Aramco chemicals venture, Bloomberg reports
  • DOW's Shares Rally 30% YTD: What's Driving the Momentum?
  • Dow Inc. (DOW) Exceeds Market Returns: Some Facts to Consider
  • Is Dow’s High Payout Ratio And Perceived Undervaluation Recasting Its Cash Discipline Story (DOW)?
  • Is Dow (DOW) Undervalued On Its New Dividend Or Is The Upside Priced In?
  • Dow (DOW) Stock Looks Reasonable With 25% Upside To Fair Value
  • Dow, S&P 500 and Nasdaq Fall as Middle East Conflict Lifts Oil Prices

Projected free cash flow to the firm

YrRevenueGrowthMarginNOPATReinvestFCFFPV
1 38.01B -8.0% -0.3% -93.03M 0 -93.03M -87.08M
2 35.46B -6.7% -0.3% -86.78M 0 -86.78M -76.03M
3 33.53B -5.4% -0.3% -82.05M 0 -82.05M -67.29M
4 32.13B -4.2% -0.3% -78.63M 0 -78.63M -60.36M
5 31.20B -2.9% -0.3% -76.36M 0 -76.36M -54.86M
6 30.70B -1.6% -0.3% -75.13M 0 -75.13M -50.52M
7 30.60B -0.3% -0.3% -74.88M 0 -74.88M -47.13M
8 30.89B 0.9% -0.3% -75.59M 231.09M -306.68M -180.68M
9 31.57B 2.2% -0.3% -77.27M 548.89M -626.16M -345.29M
10 32.68B 3.5% -0.3% -79.97M 883.71M -963.68M -497.41M

⚠ intrinsic value floored at 0 — the drivers imply the equity claim is worth less than the debt ahead of it · Extreme gap to market price — large, heavily-covered stocks are rarely mispriced this much; the gap likely embeds disruption, decline, or balance-sheet risk the model underweights. Treat as a flag to investigate, not a verdict.

History

DatePriceIntrinsicMoSRating
2026-09-10$29.40 $0.00 -100.0% STRONG SELL
2026-08-10$29.34 $12.25 -58.3% HOLD
2026-07-06$27.71 $7.96 -71.3% SELL
2026-06-23$30.33 $12.63 -58.4% SELL