Using the industry peer median P/E multiple (trailing + forward), The Walt Disney Company (DIS) has a fair value of $82.61 based on 5 comparable companies in the Entertainment industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| The Walt Disney CompanyDIS | 172,099 | 13.9x | 14.4x |
| T-Mobile US, Inc.TMUS | 237,056 | 21.8x | 20.4x |
| Verizon Communications Inc.VZ | 214,385 | 12.5x | 10.4x |
| AT&T Inc.T | 205,842 | 9.6x | 12.7x |
| Comcast CorporationCMCSA | 104,780 | 5.3x | 7.8x |
| Fox CorporationFOXA | 26,218 | 12.0x | 12.6x |
| Industry Median | 12.0x | 12.6x | |
| (*) Profit after tax | 12,404 | 11,930 | |
| Equity Value | 148,671 | 150,528 | |
| (/) Outstanding shares | 1,811 | 1,811 | |
| Fair Price | $82 | $83 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.