Fidelity National Financial Inc
NYSE:FNF

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Fidelity National Financial Inc
NYSE:FNF
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Price: 58.17 USD -1.47%
Market Cap: 15.8B USD

DCF Value

This DCF valuation model was created by Alpha Spread and was last updated on Nov 24, 2025.

Estimated DCF Value of one FNF stock is 111.22 USD. Compared to the current market price of 58.17 USD, the stock is Undervalued by 48%.

FNF DCF Value
Base Case
111.22 USD
Undervaluation 48%
DCF Value
Price
Worst Case
Base Case
Best Case
DCF Value: 111.22 USD

Present Value Calculation

This block is the starting point of the DCF valuation process. It calculates the present value of a company's forecasted cash flows based on selected operating model. Adjust key parameters like discount rate and terminal growth, and alter inputs such as revenue growth and margins to see their impact on valuation.

DCF Model
Base Case Scenario

The present value of cash flows over the next 5 years amounts to 7.8B USD. The present value of the terminal value is 22.4B USD. The total present value equals 30.2B USD.
Operating Model
Equity Model: Insurance
Forecast Period
Years
Discount Rate
%
Terminal Growth
%
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DCF Model
Year 1

forecasted

Year 2

forecasted

Year 3

forecasted

Year 4

forecasted

Year 5

forecasted

Terminal

forecasted

Net Income
Revenue15 13616 13417 36818 36519 06819 434
Absolute Value
Growth
Net Margin9.56%11.41%11.82%11.82%11.82%11.82%
Absolute Value
Net Income1 4471 8412 0522 1702 2542 298
Free Cash Flow to Equity
FCFE1 4471 8412 0522 1702 2542 298
Present Value
Discount Rate7.24%7.24%7.24%7.24%7.24%7.24%
Present Value1 3491 6011 6641 6411 58922 375
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DCF Value Calculation

This stage translates the present value into DCF value per share. For firm valuation models, it adjusts present value for debt and assets to derive equity value (skipped if using equity valuation model). Finally, this equity value is divided by the number of shares to determine the DCF value per share.

Present Value to DCF Value
Capital Structure

Present Value 30.2B USD
Equity Value 30.2B USD
/ Shares Outstanding 271.7m
FNF DCF Value 111.22 USD
Undervalued by 48%

You are using the equity valuation model. In this approach, further calculations for converting firm value to equity value are not required. The present value, obtained in the present value calculation block, already represents the equity value.

The DCF value per share is derived by dividing the present value by the number of shares:

Present Value
30.2B USD
/
Number of Shares
271.7m
=
DCF Value
111.22 USD

Valuation Analysis

Sensitivity Analysis
DCF Value Sensitivity Analysis

Sensitivity Analysis assesses how changes in key factors like revenue growth, margin, and discount rate affect a stock's DCF value. By visualizing various scenarios, from significant downturns to optimistic growth, this tool helps you understand potential valuation shifts, aiding in risk assessment and strategic decision-making.

DCF Financials
Financials used in DCF Calculation

Revenue
15.1B 19.4B
Net Income
1.4B 2.3B

What is the DCF value of one FNF stock?

Estimated DCF Value of one FNF stock is 111.22 USD. Compared to the current market price of 58.17 USD, the stock is Undervalued by 48%.

The true DCF Value lies somewhere between the worst-case and best-case scenario values. This is because the future is not predetermined, and the stock's DCF Value is based almost entirely on the future of the company. Knowing the full range of possible stock DCF values gives a complete picture of the investment risks and opportunities.

How was the DCF Value calculated?

1. Present Value Calculation. Utilizing the DCF operating model, Fidelity National Financial Inc's future cash flows are projected and then discounted using a chosen discount rate to determine its Present Value, which is calculated at 30.2B USD.

2. DCF Value Calculation. The company's capital structure is employed to derive the total Equity Value from the previously calculated Present Value of the cash flow. This Equity Value, when divided by the total number of outstanding shares, yields the DCF Value of 111.22 USD per share.

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