What Is WAT Fair Value?
Waters Corporation (WAT) fair value estimate using multiple valuation models, updated daily.
As of July 16, 2026, Waters Corporation (WAT) has a composite fair value estimate of $150.79 based on four valuation models: DCF (41% weight), Graham Number (29% weight), PEG (29% weight), and DDM (0% weight). The current market price is $374.92, suggesting the stock is overvalued by 59.8%.
Data as of July 16, 2026 (today)
Composite Fair Value
Overvalued3 of 4 models$150.79
vs. current price of $374.92(-59.8%)
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 →
$67.80
-81.9%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 →
$225.55
-39.8%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.
$175.48
-53.2%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 $374.92 is 81.9% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $540.2M | $490.4M |
| Year 2 | $605.6M | $499.0M |
| Year 3 | $678.8M | $507.7M |
| Year 4 | $760.8M | $516.5M |
| Year 5 | $852.8M | $525.6M |
| Year 6 | $955.9M | $534.8M |
| Year 7 | $1.07B | $544.1M |
| Year 8 | $1.20B | $553.6M |
| Year 9 | $1.35B | $563.3M |
| Year 10 | $1.51B | $573.1M |
| Terminal Value | $20.18B | $7.66B |
What Are WAT's Key Financial Metrics?
Earnings & Growth
Current Price
$374.92
EPS (TTM)
$7.84
Forward P/E
22.7
Profit Margin
11.9%
Cash & Balance Sheet
Free Cash Flow
-502.4M
EBITDA
1.1B
Book Value
$155.78
Total Debt
5.6B
What Do Analysts Say About WAT?
Low
$349.00
Average
$413.13
High
$460.00
Upside
+10.2%
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 $150.79. The stock is currently trading at $374.92, 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 $374.92 is 59.8% above our estimated fair value of $150.79.
What do Wall Street analysts say about WAT?
24 analysts cover Waters Corporation with a consensus rating of "Buy." The average price target is $413.13, ranging from $349.00 to $460.00. This implies 10.2% upside from the current price.