What Is WAT Fair Value?
Waters Corporation (WAT) fair value estimate using multiple valuation models, updated daily.
As of August 29, 2026, Waters Corporation (WAT) has a composite fair value estimate of $153.18 based on four valuation models: DCF (41% weight), Graham Number (29% weight), PEG (29% weight), and DDM (0% weight). The current market price is $414.69, suggesting the stock is overvalued by 63.1%.
Data as of August 29, 2026 (today)
Composite Fair Value
Overvalued3 of 4 models$153.18
vs. current price of $414.69(-63.1%)
How Is WAT Fair Value Calculated?
Four independent models estimate what WAT is worth. Each uses different inputs and assumptions. The composite blends them by weight.
WAT Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
41% 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 →
$70.88
-82.9%Overvalued
Inputs used
DDM (Dividend Discount Model)
0% 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 →
N/A
This stock does not pay a dividend, so the DDM cannot be applied. The composite adjusts by redistributing this weight to the other models.
WAT Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
29% 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 →
$225.24
-45.7%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
29% 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.
$178.84
-56.9%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 $414.69 is 82.9% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $541.1M | $491.1M |
| Year 2 | $607.5M | $500.5M |
| Year 3 | $682.0M | $510.0M |
| Year 4 | $765.7M | $519.7M |
| Year 5 | $859.7M | $529.6M |
| Year 6 | $965.2M | $539.7M |
| Year 7 | $1.08B | $549.9M |
| Year 8 | $1.22B | $560.4M |
| Year 9 | $1.37B | $571.0M |
| Year 10 | $1.53B | $581.9M |
| Terminal Value | $20.48B | $7.77B |
What Are WAT's Key Financial Metrics?
Earnings & Growth
Current Price
$414.69
EPS (TTM)
$3.90
Forward P/E
25.1
Profit Margin
3.6%
Cash & Balance Sheet
Free Cash Flow
-142.1M
EBITDA
1.5B
Book Value
$154.70
Total Debt
5.5B
What Do Analysts Say About WAT?
Low
$349.00
Average
$436.00
High
$475.00
Upside
+5.1%
WAT Fair Value FAQ
What is the fair value of WAT?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), WAT's estimated fair value is $153.18. The stock is currently trading at $414.69, which makes it overvalued by our analysis.
How is WAT'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 WAT overvalued or undervalued?
Based on our analysis, WAT is overvalued. The current price of $414.69 is 63.1% above our estimated fair value of $153.18.
What do Wall Street analysts say about WAT?
23 analysts cover Waters Corporation with a consensus rating of "Buy." The average price target is $436.00, ranging from $349.00 to $475.00. This implies 5.1% upside from the current price.