MAR - Marriott International, Inc.
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$390.85
DETAILS
HIGH:
$446.00
LOW:
$350.00
MEDIAN:
$386.00
CONSENSUS:
$390.85
UPSIDE:
5.88%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
85% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
3.5%
11.0%
3.0%
Key Value Driver
FCF growth rate (3% base case)
Terminal Value % of EV
33%
Implied Market Multiple
46.9x
Plain-Language Summary
Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $390.85 from 52 analysts, using a 35% weight on analyst consensus. That produces an estimated intrinsic value of $175.49 per share.
Warnings
Wall Street's average price target is $390.85 (from 52 analysts). Our estimate is 85% below the consensus -- consider that gap carefully.
Key Risks
- P/E alone misleads — earnings depressed by growth investment
- Cyclical or commodity businesses may be misclassified as platforms
- Terminal value dominance suggests sensitivity to long-run assumptions