Published on 15 Mar 2024 on Simply Wall St. via Yahoo Finance
Estimating The Fair Value Of Marathon Petroleum Corporation (NYSE:MPC)
Key Insights
The projected fair value for Marathon Petroleum is US$228 based on 2 Stage Free Cash Flow to EquityWith US$189 share price, Marathon Petroleum appears to be trading close to its estimated fair value Analyst price target for MPC is US$174 which is 24% below our fair value estimate
Does the March share price for Marathon Petroleum Corporation (NYSE:MPC) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by estimating the company's future cash flows and discounting them to their present value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.