The Discounted Cash Flow (DCF) valuation of Procter & Gamble Co (PG) is 172.17 USD. With the latest stock price at 160.52 USD, the upside of Procter & Gamble Co based on DCF is 7.3%.
Based on the latest price of 160.52 USD and our DCF valuation, Procter & Gamble Co (PG) is a buy. Buying PG stocks now will result in a potential gain of 7.3%.
Range | Selected | |
WACC / Discount Rate | 5.4% - 6.7% | 6.1% |
Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
Fair Price | 122.17 - 294.14 | 172.17 |
Upside | -23.9% - 83.2% | 7.3% |
(USD in millions) | Projections | |||||
06-2024 | 06-2025 | 06-2026 | 06-2027 | 06-2028 | 06-2029 | |
Revenue | 84,039 | 83,801 | 89,318 | 95,195 | 100,399 | 103,710 |
% Growth | 2% | 0% | 7% | 7% | 5% | 3% |
Cost of goods sold | (40,600) | (40,485) | (43,151) | (45,989) | (48,504) | (50,103) |
% of Revenue | 48% | 48% | 48% | 48% | 48% | 48% |
Selling, G&A expenses | (21,150) | (21,090) | (22,479) | (23,958) | (25,267) | (26,101) |
% of Revenue | 25% | 25% | 25% | 25% | 25% | 25% |
Research & Development | (2,000) | (1,994) | (2,126) | (2,265) | (2,389) | (2,468) |
% of Revenue | 2% | 2% | 2% | 2% | 2% | 2% |
Net interest & other expenses | (1,528) | (1,524) | (1,624) | (1,731) | (1,825) | (1,886) |
% of Revenue | 2% | 2% | 2% | 2% | 2% | 2% |
Tax expense | (3,787) | (3,465) | (3,694) | (3,937) | (4,152) | (4,289) |
Tax rate | 20% | 19% | 19% | 19% | 19% | 19% |
Net profit | 14,974 | 15,242 | 16,246 | 17,315 | 18,261 | 18,864 |
% Margin | 18% | 18% | 18% | 18% | 18% | 18% |