Published on 23 Mar 2024 on Simply Wall St. via Yahoo Finance
Estimating The Intrinsic Value Of Check Point Software Technologies Ltd. (NASDAQ:CHKP)
Key Insights
Check Point Software Technologies' estimated fair value is US$150 based on 2 Stage Free Cash Flow to EquityCurrent share price of US$165 suggests Check Point Software Technologies is potentially trading close to its fair value The US$172 analyst price target for CHKP is 14% more than our estimate of fair value
In this article we are going to estimate the intrinsic value of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by projecting its future cash flows and then discounting them to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.