As of 2025-05-09, the Intrinsic Value of Costco Wholesale Corp (COST) is 1,307.25 USD. This Costco valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 1,008.09 USD, the upside of Costco Wholesale Corp is 29.7%.

The range of the Intrinsic Value is 886.96 - 2,626.29 USD.

Is Costco undervalued or overvalued?

Based on its market price of 1,008.09 USD and our intrinsic valuation, Costco Wholesale Corp (COST) is undervalued by 29.7%.

1,008.09 USD

Stock Price

1,307.25 USD

Intrinsic Value

Intrinsic Value Details

Costco Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	886.96 - 2,626.29	1,307.25	29.7%
DCF (Growth Exit 10Y)	1,140.76 - 3,201.79	1,641.89	62.9%
DCF (EBITDA Exit 5Y)	526.12 - 770.1	630.52	-37.5%
DCF (EBITDA Exit 10Y)	760.39 - 1,091.77	900.80	-10.6%
Peter Lynch Fair Value	260.93 - 260.93	260.93	-74.12%
P/E Multiples	388.39 - 515.65	422.24	-58.1%
EV/EBITDA Multiples	162.87 - 329.5	255.70	-74.6%
Earnings Power Value	143.58 - 186.05	164.81	-83.7%
Dividend Discount Model - Stable	206.34 - 823.47	514.90	-48.9%
Dividend Discount Model - Multi Stages	739.65 - 2,261.3	1,110.75	10.2%

Costco Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Loblaw Companies Ltd	132.99 - 362.15	201.37	-8.7%
Alimentation Couche-Tard Inc	53.75 - 91.93	67.99	36.9%
George Weston Ltd	207.33 - 483.12	305.15	15.5%
Caseys General Stores Inc	580.74 - 2,351.05	938.66	109.2%
Metro Inc	147.39 - 462.5	225.44	117.6%
Sprouts Farmers Market Inc	118.58 - 309.03	168.76	4.3%
Albertsons Companies Inc	21.45 - 35.16	27.04	20.3%
Carrefour SA	13.4 - 34.03	21.25	54.0%
Empire Company Ltd	33.89 - 78.41	50.09	-1.3%

Costco Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	447,269
Beta	0.62
Outstanding shares (mil)	444
Enterprise Value (mil)	440,668

Market risk premium	5.1%
Cost of Equity	6.85%
Cost of Debt	4.25%
WACC	6.8%