DCF Tool


Tyson Foods, Inc. – Poultry Processing
who we are. what we do. great food, made by good people. we grew from humble beginnings into a company that operates across the world. our company is a leading producer of chicken, beef and pork. many people don’t know that we also make a variety of prepared foods, such as pizza toppings and crusts, tortillas and chips, deli meats, appetizers, soups sauces and side dishes. our products are sold to retailers and foodservice operators through the u.s. as well as about 130 countries.
Analysis Results
Intrinsic Value $513.87
Latest Price $51.12
Relative Value 90% undervalued
Thoughts on this result? Let us know.
Cash Flow (Billions)
Analysis Parameters
New Ticker
Analysis Details
Growth Rate Projection

An exponential growth model was fit to the past cash flow data, giving more weight to more recent years. This model determined a growth rate estimate of 15.9%.

Weighted Average Cost of Capital (WACC)

The calculated WACC is 5.9%. This value is used as the default discount rate.

Value of Future Flows

Assuming a growth rate of 15.9%, the cash flows for the next 5 years are projected.

The present value of each year's flow is adjusted to present value using the discount rate.

Year Future flow (billion) Present value (billion)
2023 4.74 4.48
2024 5.49 4.9
2025 6.37 5.36
2026 7.38 5.86
2027 8.55 6.41
Terminal Value

Assuming a growth rate after the projection years of 2.0%, the terminal value of the company would be 223 billion. This corresponds to a present value of 158 billion.

Intrinsic Value Per Share

The total present value of the projected cash flows is 27.0 billion. Adding in the terminal value gives a total present value of 185 billion.

There are presently 360.0 million outstanding shares, so the intrinsic value per share is 513.87.

Financial Statements

The following data was to determine the past cash flows.

Current Assets 9,630,000,000
Current Cash 1,031,000,000
Current Liabilities 5,313,000,000
Current Debt 459,000,000
Non-Cash Working Capital (NCWC) 3,745,000,000
Change in NCWC 1,688,000,000
EBIT 4,410,000,000
Tax Provision 900,000,000
Depreciation and Amortization 1,202,000,000
Capital Expenditure -1,887,000,000
Unlevered Free Cash Flow 4,456,383,947
Current Assets 9,822,000,000
Current Cash 2,507,000,000
Current Liabilities 6,325,000,000
Current Debt 1,067,000,000
Non-Cash Working Capital (NCWC) 2,057,000,000
Change in NCWC -435,000,000
EBIT 4,396,000,000
Tax Provision 981,000,000
Depreciation and Amortization 1,214,000,000
Capital Expenditure -1,209,000,000
Unlevered Free Cash Flow 2,898,819,599
Current Assets 7,598,000,000
Current Cash 1,420,000,000
Current Liabilities 4,234,000,000
Current Debt 548,000,000
Non-Cash Working Capital (NCWC) 2,492,000,000
Change in NCWC -782,000,000
EBIT 3,008,000,000
Tax Provision 593,000,000
Depreciation and Amortization 1,192,000,000
Capital Expenditure -1,199,000,000
Unlevered Free Cash Flow 1,549,426,426
Current Assets 7,169,000,000
Current Cash 484,000,000
Current Liabilities 5,513,000,000
Current Debt 2,102,000,000
Non-Cash Working Capital (NCWC) 3,274,000,000
Change in NCWC 976,000,000
EBIT 2,827,000,000
Tax Provision 396,000,000
Depreciation and Amortization 1,098,000,000
Capital Expenditure -1,259,000,000
Unlevered Free Cash Flow 3,181,493,212
Current Assets 5,688,000,000
Current Cash 270,000,000
Current Liabilities 5,031,000,000
Current Debt 1,911,000,000
Non-Cash Working Capital (NCWC) 2,298,000,000
Change in NCWC -516,000,000
EBIT 3,055,000,000
Tax Provision -282,000,000
Depreciation and Amortization 943,000,000
Capital Expenditure -1,200,000,000
Unlevered Free Cash Flow 2,282,000,000
Current Assets 6,258,000,000
Current Cash 318,000,000
Current Liabilities 4,032,000,000
Current Debt 906,000,000
Non-Cash Working Capital (NCWC) 2,814,000,000
Change in NCWC 958,000,000
EBIT 2,931,000,000
Tax Provision 850,000,000
Depreciation and Amortization 761,000,000
Capital Expenditure -1,069,000,000
Unlevered Free Cash Flow 2,632,997,716
Current Assets 4,888,000,000
Current Cash 349,000,000
Current Liabilities 2,762,000,000
Current Debt 79,000,000
Non-Cash Working Capital (NCWC) 1,856,000,000
Change in NCWC -15,000,000
EBIT 2,833,000,000
Tax Provision 826,000,000
Depreciation and Amortization 705,000,000
Capital Expenditure -695,000,000
Unlevered Free Cash Flow 1,927,284,834
Current Assets 5,381,000,000
Current Cash 690,000,000
Current Liabilities 3,535,000,000
Current Debt 715,000,000
Non-Cash Working Capital (NCWC) 1,871,000,000
Change in NCWC -757,000,000
EBIT 2,169,000,000
Tax Provision 697,000,000
Depreciation and Amortization 711,000,000
Capital Expenditure -854,000,000
Unlevered Free Cash Flow 482,017,699
Current Assets 6,221,000,000
Current Cash 439,000,000
Current Liabilities 3,797,000,000
Current Debt 643,000,000
Non-Cash Working Capital (NCWC) 2,628,000,000
Change in NCWC 667,000,000
EBIT 1,441,000,000
Tax Provision 396,000,000
Depreciation and Amortization 530,000,000
Capital Expenditure -632,000,000
Unlevered Free Cash Flow 1,550,220,447
Current Assets 5,604,000,000
Current Cash 1,146,000,000
Current Liabilities 3,010,000,000
Current Debt 513,000,000
Non-Cash Working Capital (NCWC) 1,961,000,000
Change in NCWC -56,000,000
EBIT 1,375,000,000
Tax Provision 409,000,000
Depreciation and Amortization 519,000,000
Capital Expenditure -558,000,000
Unlevered Free Cash Flow 832,605,409
Current Assets 5,403,000,000
Current Cash 1,071,000,000
Current Liabilities 2,830,000,000
Current Debt 515,000,000
Non-Cash Working Capital (NCWC) 2,017,000,000
Change in NCWC 257,000,000
EBIT 1,264,000,000
Tax Provision 351,000,000
Depreciation and Amortization 499,000,000
Capital Expenditure -690,000,000
Unlevered Free Cash Flow 851,398,058

This analysis is provided for informational purposes only and does not constitute financial or investing advice. For more information on the advantages and limitations of DCF analysis see background. This information is provided on an "as is" basis. No warranty, expressed or implied, is made regarding accuracy, adequacy, completeness, legality, reliability or usefulness of any information. By using this site you agree that under no circumstances shall Valuation Tools LLC be held liable for any loss or damage caused by information obtained from this website including any articles, data, videos, its social media accounts, or any other materials.