Published on 28 Feb 2024 on Simply Wall St. via Yahoo Finance
Key Insights
EverQuote's estimated fair value is US$26.26 based on 2 Stage Free Cash Flow to EquityEverQuote's US$17.63 share price signals that it might be 33% undervalued The US$19.83 analyst price target for EVER is 24% less than our estimate of fair value
Today we will run through one way of estimating the intrinsic value of EverQuote, Inc. (NASDAQ:EVER) by taking the expected future cash flows and discounting them to their present value. We will use the Discounted Cash Flow (DCF) model on this occasion. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.