What Is PM Fair Value?
Philip Morris International Inc. (PM) fair value estimate using multiple valuation models, updated daily.
As of August 1, 2026, Philip Morris International Inc. (PM) has a composite fair value estimate of $241.18 based on four valuation models: DCF (47% weight), Graham Number (0% weight), PEG (33% weight), and DDM (20% weight). The current market price is $190.82, suggesting the stock is undervalued by 26.4%.
Data as of August 1, 2026 (today)
Composite Fair Value
Undervalued3 of 4 models$241.18
vs. current price of $190.82(+26.4%)
How Is PM Fair Value Calculated?
Four independent models estimate what PM is worth. Each uses different inputs and assumptions. The composite blends them by weight.
PM Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
47% 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 →
$245.38
+28.6%Undervalued
Inputs used
DDM (Dividend Discount Model)
20% 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 →
$388.81
+103.8%Undervalued
Inputs used
PM Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
0% 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 →
N/A
Requires positive EPS and book value. Philip Morris International Inc. currently has negative earnings, so the Graham formula cannot be applied.
Inputs used
PEG (Price/Earnings to Growth)
33% 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.
$86.11
-54.9%Overvalued
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 $190.82 is 28.6% below this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $10.71B | $10.07B |
| Year 2 | $11.81B | $10.45B |
| Year 3 | $13.03B | $10.84B |
| Year 4 | $14.37B | $11.24B |
| Year 5 | $15.84B | $11.65B |
| Year 6 | $17.47B | $12.09B |
| Year 7 | $19.26B | $12.53B |
| Year 8 | $21.24B | $13.00B |
| Year 9 | $23.43B | $13.48B |
| Year 10 | $25.83B | $13.98B |
| Terminal Value | $690.71B | $373.75B |
What Are PM's Key Financial Metrics?
Earnings & Growth
Current Price
$190.82
EPS (TTM)
$7.29
Forward P/E
20.8
Profit Margin
25.6%
Cash & Balance Sheet
Free Cash Flow
9.7B
EBITDA
18B
Book Value
-$5.95
Total Debt
49.1B
What Do Analysts Say About PM?
Low
$175.00
Average
$203.80
High
$225.00
Upside
+6.8%
PM Fair Value FAQ
What is the fair value of PM?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), PM's estimated fair value is $241.18. The stock is currently trading at $190.82, which makes it undervalued by our analysis.
How is PM'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 PM overvalued or undervalued?
Based on our analysis, PM is undervalued. The current price of $190.82 is 26.4% below our estimated fair value of $241.18.
What do Wall Street analysts say about PM?
15 analysts cover Philip Morris International Inc. with a consensus rating of "Buy." The average price target is $203.80, ranging from $175.00 to $225.00. This implies 6.8% upside from the current price.