The Discounted Cash Flow (DCF) valuation of Invesco Ltd (IVZ) is 16.50 USD. With the latest stock price at 14.64 USD, the upside of Invesco Ltd based on DCF is 12.7%.

Is Invesco a buy or a sell?

Based on the latest price of 14.64 USD and our DCF valuation, Invesco Ltd (IVZ) is a buy. Buying Invesco stocks now will result in a potential gain of 12.7%.

	Range	Selected
WACC / Discount Rate	5.8% - 7.8%	6.8%
Long-term Growth Rate	2.5% - 4.5%	3.5%
Fair Price	5.11 - 63.49	16.50
Upside	-65.1% - 333.7%	12.7%

14.64 USD

Stock Price

16.50 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

Invesco DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	6,067	4,434	4,579	4,818	4,937	5,036
% Growth	6%	-27%	3%	5%	2%	2%

Cost of goods sold	(2,026)	(1,451)	(1,468)	(1,514)	(1,520)	(1,520)
% of Revenue	33%	33%	32%	31%	31%	30%

Selling, G&A expenses	(3,164)	(2,313)	(2,389)	(2,513)	(2,575)	(2,627)
% of Revenue	52%	52%	52%	52%	52%	52%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	128	94	97	102	104	107
% of Revenue	2%	2%	2%	2%	2%	2%

Tax expense	(253)	(192)	(206)	(225)	(238)	(251)
Tax rate	25%	25%	25%	25%	25%	25%

Net profit	752	572	613	668	708	745
% Margin	12%	13%	13%	14%	14%	15%