What Is DVN Fair Value?
Devon Energy (DVN) fair value estimate using multiple valuation models, updated daily.
As of October 14, 2026, Devon Energy (DVN) has a composite fair value estimate of $112.67 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $50.21, suggesting the stock is undervalued by 124.4%.
Data as of October 14, 2026 (today)
Composite Fair Value
Undervalued4 of 4 models$112.67
vs. current price of $50.21(+124.4%)
How Is DVN Fair Value Calculated?
Four independent models estimate what DVN is worth. Each uses different inputs and assumptions. The composite blends them by weight.
DVN Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
35% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$122.57
+144.1%Undervalued
Inputs used
DDM (Dividend Discount Model)
15% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
$136.25
+171.4%Undervalued
Inputs used
DVN Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
25% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$66.54
+32.5%Undervalued
Inputs used
PEG (Price/Earnings to Growth)
25% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$100.51
+100.2%Undervalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $50.21 is 144.1% below this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $2.35B | $2.20B |
| Year 2 | $2.78B | $2.44B |
| Year 3 | $3.30B | $2.71B |
| Year 4 | $3.91B | $3.00B |
| Year 5 | $4.64B | $3.33B |
| Year 6 | $5.50B | $3.70B |
| Year 7 | $6.52B | $4.11B |
| Year 8 | $7.73B | $4.56B |
| Year 9 | $9.16B | $5.06B |
| Year 10 | $10.86B | $5.61B |
| Terminal Value | $257.18B | $132.86B |
What Are DVN's Key Financial Metrics?
Earnings & Growth
Current Price
$50.21
EPS (TTM)
$4.59
Forward P/E
9.4
Profit Margin
17.5%
Cash & Balance Sheet
Free Cash Flow
782.6M
EBITDA
8.9B
Book Value
$36.31
Total Debt
11.9B
What Do Analysts Say About DVN?
Low
$44.00
Average
$60.96
High
$68.00
Upside
+21.4%
DVN Fair Value FAQ
What is the fair value of DVN?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), DVN's estimated fair value is $112.67. The stock is currently trading at $50.21, which makes it undervalued by our analysis.
How is DVN's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is DVN overvalued or undervalued?
Based on our analysis, DVN is undervalued. The current price of $50.21 is 124.4% below our estimated fair value of $112.67.
What do Wall Street analysts say about DVN?
27 analysts cover Devon Energy with a consensus rating of "Strong Buy." The average price target is $60.96, ranging from $44.00 to $68.00. This implies 21.4% upside from the current price.