Intrinsic value of Lowe's - LOW

Previous Close

$89.40

  Intrinsic Value

$48.84

stock screener

  Rating & Target

sell

-45%

Previous close

$89.40

 
Intrinsic value

$48.84

 
Up/down potential

-45%

 
Rating

sell

We calculate the intrinsic value of LOW stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 73.8

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  3.00
  3.20
  3.38
  3.54
  3.69
  3.82
  3.94
  4.04
  4.14
  4.23
  4.30
  4.37
  4.44
  4.49
  4.54
  4.59
  4.63
  4.67
  4.70
  4.73
  4.76
  4.78
  4.80
  4.82
  4.84
  4.86
  4.87
  4.88
  4.90
  4.91
Revenue, $m
  70,678
  72,939
  75,405
  78,075
  80,955
  84,046
  87,355
  90,888
  94,649
  98,648
  102,893
  107,392
  112,155
  117,192
  122,516
  128,137
  134,069
  140,325
  146,920
  153,869
  161,189
  168,896
  177,008
  185,544
  194,525
  203,972
  213,908
  224,354
  235,337
  246,882
Variable operating expenses, $m
  56,185
  57,978
  59,934
  62,052
  64,335
  66,787
  69,412
  72,213
  75,197
  78,368
  81,604
  85,172
  88,949
  92,945
  97,167
  101,625
  106,330
  111,291
  116,522
  122,033
  127,838
  133,950
  140,384
  147,154
  154,277
  161,770
  169,649
  177,934
  186,645
  195,801
Fixed operating expenses, $m
  7,845
  8,017
  8,194
  8,374
  8,558
  8,747
  8,939
  9,136
  9,337
  9,542
  9,752
  9,967
  10,186
  10,410
  10,639
  10,873
  11,112
  11,357
  11,607
  11,862
  12,123
  12,390
  12,662
  12,941
  13,225
  13,516
  13,814
  14,118
  14,428
  14,746
Total operating expenses, $m
  64,030
  65,995
  68,128
  70,426
  72,893
  75,534
  78,351
  81,349
  84,534
  87,910
  91,356
  95,139
  99,135
  103,355
  107,806
  112,498
  117,442
  122,648
  128,129
  133,895
  139,961
  146,340
  153,046
  160,095
  167,502
  175,286
  183,463
  192,052
  201,073
  210,547
Operating income, $m
  6,648
  6,943
  7,277
  7,649
  8,061
  8,512
  9,004
  9,539
  10,116
  10,738
  11,537
  12,253
  13,020
  13,838
  14,710
  15,639
  16,627
  17,677
  18,792
  19,974
  21,228
  22,556
  23,962
  25,449
  27,023
  28,687
  30,445
  32,302
  34,264
  36,336
EBITDA, $m
  8,316
  8,661
  9,048
  9,478
  9,952
  10,471
  11,035
  11,646
  12,306
  13,015
  13,775
  14,589
  15,459
  16,387
  17,375
  18,426
  19,544
  20,730
  21,988
  23,321
  24,734
  26,230
  27,812
  29,485
  31,254
  33,123
  35,098
  37,182
  39,383
  41,706
Interest expense (income), $m
  619
  918
  967
  1,019
  1,076
  1,138
  1,205
  1,276
  1,353
  1,435
  1,522
  1,615
  1,713
  1,817
  1,927
  2,044
  2,167
  2,298
  2,435
  2,580
  2,733
  2,894
  3,063
  3,242
  3,430
  3,628
  3,836
  4,055
  4,285
  4,527
  4,781
Earnings before tax, $m
  5,730
  5,977
  6,258
  6,573
  6,923
  7,308
  7,728
  8,186
  8,681
  9,216
  9,923
  10,540
  11,202
  11,910
  12,666
  13,472
  14,330
  15,242
  16,212
  17,242
  18,334
  19,492
  20,720
  22,019
  23,395
  24,851
  26,390
  28,018
  29,737
  31,554
Tax expense, $m
  1,547
  1,614
  1,690
  1,775
  1,869
  1,973
  2,087
  2,210
  2,344
  2,488
  2,679
  2,846
  3,025
  3,216
  3,420
  3,637
  3,869
  4,115
  4,377
  4,655
  4,950
  5,263
  5,594
  5,945
  6,317
  6,710
  7,125
  7,565
  8,029
  8,520
Net income, $m
  4,183
  4,363
  4,568
  4,799
  5,054
  5,335
  5,642
  5,976
  6,337
  6,728
  7,243
  7,695
  8,178
  8,695
  9,246
  9,834
  10,461
  11,127
  11,835
  12,586
  13,384
  14,229
  15,125
  16,074
  17,079
  18,141
  19,265
  20,453
  21,708
  23,035

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  36,357
  37,520
  38,788
  40,162
  41,643
  43,234
  44,936
  46,753
  48,688
  50,745
  52,928
  55,243
  57,693
  60,284
  63,023
  65,914
  68,966
  72,184
  75,576
  79,151
  82,916
  86,880
  91,053
  95,445
  100,065
  104,924
  110,035
  115,408
  121,058
  126,997
Adjusted assets (=assets-cash), $m
  36,357
  37,520
  38,788
  40,162
  41,643
  43,234
  44,936
  46,753
  48,688
  50,745
  52,928
  55,243
  57,693
  60,284
  63,023
  65,914
  68,966
  72,184
  75,576
  79,151
  82,916
  86,880
  91,053
  95,445
  100,065
  104,924
  110,035
  115,408
  121,058
  126,997
Revenue / Adjusted assets
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
  1.944
Average production assets, $m
  21,062
  21,736
  22,471
  23,266
  24,124
  25,046
  26,032
  27,084
  28,206
  29,397
  30,662
  32,003
  33,422
  34,923
  36,510
  38,185
  39,953
  41,817
  43,782
  45,853
  48,034
  50,331
  52,748
  55,292
  57,969
  60,784
  63,744
  66,858
  70,130
  73,571
Working capital, $m
  1,484
  1,532
  1,583
  1,640
  1,700
  1,765
  1,834
  1,909
  1,988
  2,072
  2,161
  2,255
  2,355
  2,461
  2,573
  2,691
  2,815
  2,947
  3,085
  3,231
  3,385
  3,547
  3,717
  3,896
  4,085
  4,283
  4,492
  4,711
  4,942
  5,185
Total debt, $m
  17,899
  18,869
  19,927
  21,072
  22,308
  23,634
  25,054
  26,569
  28,183
  29,898
  31,719
  33,649
  35,693
  37,854
  40,138
  42,549
  45,094
  47,778
  50,608
  53,589
  56,729
  60,035
  63,515
  67,178
  71,031
  75,084
  79,346
  83,828
  88,539
  93,492
Total liabilities, $m
  30,322
  31,292
  32,350
  33,495
  34,731
  36,057
  37,477
  38,992
  40,606
  42,321
  44,142
  46,072
  48,116
  50,277
  52,561
  54,972
  57,517
  60,201
  63,031
  66,012
  69,152
  72,458
  75,938
  79,601
  83,454
  87,507
  91,769
  96,251
  100,962
  105,915
Total equity, $m
  6,035
  6,228
  6,439
  6,667
  6,913
  7,177
  7,459
  7,761
  8,082
  8,424
  8,786
  9,170
  9,577
  10,007
  10,462
  10,942
  11,448
  11,983
  12,546
  13,139
  13,764
  14,422
  15,115
  15,844
  16,611
  17,417
  18,266
  19,158
  20,096
  21,081
Total liabilities and equity, $m
  36,357
  37,520
  38,789
  40,162
  41,644
  43,234
  44,936
  46,753
  48,688
  50,745
  52,928
  55,242
  57,693
  60,284
  63,023
  65,914
  68,965
  72,184
  75,577
  79,151
  82,916
  86,880
  91,053
  95,445
  100,065
  104,924
  110,035
  115,409
  121,058
  126,996
Debt-to-equity ratio
  2.970
  3.030
  3.090
  3.160
  3.230
  3.290
  3.360
  3.420
  3.490
  3.550
  3.610
  3.670
  3.730
  3.780
  3.840
  3.890
  3.940
  3.990
  4.030
  4.080
  4.120
  4.160
  4.200
  4.240
  4.280
  4.310
  4.340
  4.380
  4.410
  4.430
Adjusted equity ratio
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166
  0.166

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  4,183
  4,363
  4,568
  4,799
  5,054
  5,335
  5,642
  5,976
  6,337
  6,728
  7,243
  7,695
  8,178
  8,695
  9,246
  9,834
  10,461
  11,127
  11,835
  12,586
  13,384
  14,229
  15,125
  16,074
  17,079
  18,141
  19,265
  20,453
  21,708
  23,035
Depreciation, amort., depletion, $m
  1,668
  1,717
  1,771
  1,829
  1,892
  1,959
  2,031
  2,108
  2,189
  2,276
  2,238
  2,336
  2,440
  2,549
  2,665
  2,787
  2,916
  3,052
  3,196
  3,347
  3,506
  3,674
  3,850
  4,036
  4,231
  4,437
  4,653
  4,880
  5,119
  5,370
Funds from operations, $m
  5,851
  6,080
  6,339
  6,628
  6,945
  7,293
  7,672
  8,083
  8,527
  9,004
  9,482
  10,031
  10,617
  11,244
  11,911
  12,622
  13,377
  14,179
  15,031
  15,933
  16,890
  17,903
  18,976
  20,110
  21,310
  22,578
  23,918
  25,333
  26,827
  28,405
Change in working capital, $m
  43
  47
  52
  56
  60
  65
  69
  74
  79
  84
  89
  94
  100
  106
  112
  118
  125
  131
  138
  146
  154
  162
  170
  179
  189
  198
  209
  219
  231
  242
Cash from operations, $m
  5,808
  6,033
  6,288
  6,571
  6,885
  7,229
  7,603
  8,009
  8,448
  8,920
  9,392
  9,936
  10,517
  11,138
  11,799
  12,504
  13,252
  14,048
  14,892
  15,787
  16,736
  17,741
  18,805
  19,931
  21,121
  22,380
  23,709
  25,114
  26,597
  28,162
Maintenance CAPEX, $m
  -1,491
  -1,537
  -1,587
  -1,640
  -1,698
  -1,761
  -1,828
  -1,900
  -1,977
  -2,059
  -2,146
  -2,238
  -2,336
  -2,440
  -2,549
  -2,665
  -2,787
  -2,916
  -3,052
  -3,196
  -3,347
  -3,506
  -3,674
  -3,850
  -4,036
  -4,231
  -4,437
  -4,653
  -4,880
  -5,119
New CAPEX, $m
  -630
  -674
  -735
  -796
  -858
  -921
  -986
  -1,053
  -1,121
  -1,192
  -1,265
  -1,341
  -1,419
  -1,501
  -1,586
  -1,675
  -1,768
  -1,864
  -1,965
  -2,071
  -2,181
  -2,297
  -2,417
  -2,544
  -2,676
  -2,815
  -2,961
  -3,113
  -3,273
  -3,440
Cash from investing activities, $m
  -2,121
  -2,211
  -2,322
  -2,436
  -2,556
  -2,682
  -2,814
  -2,953
  -3,098
  -3,251
  -3,411
  -3,579
  -3,755
  -3,941
  -4,135
  -4,340
  -4,555
  -4,780
  -5,017
  -5,267
  -5,528
  -5,803
  -6,091
  -6,394
  -6,712
  -7,046
  -7,398
  -7,766
  -8,153
  -8,559
Free cash flow, $m
  3,687
  3,821
  3,966
  4,135
  4,329
  4,546
  4,789
  5,056
  5,350
  5,670
  5,982
  6,357
  6,762
  7,197
  7,664
  8,163
  8,697
  9,267
  9,874
  10,521
  11,208
  11,939
  12,714
  13,537
  14,409
  15,333
  16,312
  17,348
  18,444
  19,603
Issuance/(repayment) of debt, $m
  904
  970
  1,058
  1,146
  1,235
  1,326
  1,420
  1,515
  1,614
  1,716
  1,821
  1,930
  2,043
  2,161
  2,284
  2,412
  2,545
  2,684
  2,829
  2,981
  3,140
  3,306
  3,480
  3,662
  3,853
  4,053
  4,262
  4,482
  4,712
  4,953
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  904
  970
  1,058
  1,146
  1,235
  1,326
  1,420
  1,515
  1,614
  1,716
  1,821
  1,930
  2,043
  2,161
  2,284
  2,412
  2,545
  2,684
  2,829
  2,981
  3,140
  3,306
  3,480
  3,662
  3,853
  4,053
  4,262
  4,482
  4,712
  4,953
Total cash flow (excl. dividends), $m
  4,590
  4,792
  5,024
  5,281
  5,564
  5,873
  6,208
  6,572
  6,964
  7,385
  7,803
  8,287
  8,805
  9,358
  9,948
  10,575
  11,242
  11,951
  12,704
  13,502
  14,348
  15,245
  16,194
  17,199
  18,262
  19,386
  20,574
  21,829
  23,156
  24,556
Retained Cash Flow (-), $m
  -162
  -193
  -211
  -228
  -246
  -264
  -283
  -302
  -321
  -341
  -362
  -384
  -407
  -430
  -455
  -480
  -507
  -534
  -563
  -593
  -625
  -658
  -693
  -729
  -767
  -807
  -848
  -892
  -938
  -986
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  4,428
  4,599
  4,813
  5,053
  5,318
  5,609
  5,926
  6,270
  6,642
  7,044
  7,440
  7,903
  8,399
  8,928
  9,493
  10,095
  10,736
  11,417
  12,141
  12,909
  13,723
  14,587
  15,502
  16,470
  17,495
  18,579
  19,726
  20,937
  22,218
  23,570
Discount rate, %
  8.60
  9.03
  9.48
  9.96
  10.45
  10.98
  11.52
  12.10
  12.71
  13.34
  14.01
  14.71
  15.44
  16.22
  17.03
  17.88
  18.77
  19.71
  20.70
  21.73
  22.82
  23.96
  25.16
  26.42
  27.74
  29.12
  30.58
  32.11
  33.71
  35.40
PV of cash for distribution, $m
  4,077
  3,868
  3,668
  3,457
  3,235
  3,003
  2,761
  2,514
  2,264
  2,013
  1,759
  1,523
  1,298
  1,089
  898
  726
  576
  448
  340
  253
  183
  129
  89
  59
  38
  24
  15
  9
  5
  3
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Lowe's Companies, Inc. (Lowe's) is a home improvement company. The Company operates approximately 2,370 home improvement and hardware stores. The Company offers a range of products for maintenance, repair, remodeling and decorating. The Company offers home improvement products in categories, including Lumber and Building Materials; Tools and Hardware; Appliances; Fashion Fixtures; Rough Plumbing and Electrical; Lawn and Garden; Seasonal and Outdoor Living; Paint; Flooring; Millwork, and Kitchens. The Company also supports the communities that focus on K-12 public education and community improvement projects. The Company serves its customers in the United States, Canada and Mexico.

FINANCIAL RATIOS  of  Lowe's (LOW)

Valuation Ratios
P/E Ratio 25
Price to Sales 1.2
Price to Book 12
Price to Tangible Book
Price to Cash Flow 13.8
Price to Free Cash Flow 17.4
Growth Rates
Sales Growth Rate 10.1%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -2.5%
Cap. Spend. - 3 Yr. Gr. Rate 4.4%
Financial Strength
Quick Ratio 0
Current Ratio 0.1
LT Debt to Equity 223.7%
Total Debt to Equity 244%
Interest Coverage 9
Management Effectiveness
Return On Assets 10.5%
Ret/ On Assets - 3 Yr. Avg. 9.7%
Return On Total Capital 14.6%
Ret/ On T. Cap. - 3 Yr. Avg. 13.1%
Return On Equity 43.9%
Return On Equity - 3 Yr. Avg. 32.5%
Asset Turnover 2
Profitability Ratios
Gross Margin 34.6%
Gross Margin - 3 Yr. Avg. 34.7%
EBITDA Margin 11.4%
EBITDA Margin - 3 Yr. Avg. 11.3%
Operating Margin 9%
Oper. Margin - 3 Yr. Avg. 8.4%
Pre-Tax Margin 8%
Pre-Tax Margin - 3 Yr. Avg. 7.7%
Net Profit Margin 4.8%
Net Profit Margin - 3 Yr. Avg. 4.6%
Effective Tax Rate 40.5%
Eff/ Tax Rate - 3 Yr. Avg. 39.9%
Payout Ratio 36.2%

LOW stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the LOW stock intrinsic value calculation we used $68619 million for the last fiscal year's total revenue generated by Lowe's. The default revenue input number comes from 0001 income statement of Lowe's. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our LOW stock valuation model: a) initial revenue growth rate of 3% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 8.6%, whose default value for LOW is calculated based on our internal credit rating of Lowe's, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Lowe's.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of LOW stock the variable cost ratio is equal to 79.5%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $7676 million in the base year in the intrinsic value calculation for LOW stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Lowe's.

Corporate tax rate of 27% is the nominal tax rate for Lowe's. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the LOW stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for LOW are equal to 29.8%.

Life of production assets of 13.7 years is the average useful life of capital assets used in Lowe's operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for LOW is equal to 2.1%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $5873 million for Lowe's - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 825.766 million for Lowe's is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Lowe's at the current share price and the inputted number of shares is $73.8 billion.

RELATED COMPANIES Price Int.Val. Rating
HD Home Depot 172.79 96.68  str.sell
BLDR Builders First 12.04 29.48  str.buy
JCTCF Jewett-Cameron 7.42 3.15  str.sell
BMCH BMC Stock Hold 16.54 16.24  sell

COMPANY NEWS

▶ These Lowes stores are closing in the next three months   [Dec-11-18 08:24AM  MarketWatch]
▶ Better Buy: Scotts Miracle-Gro vs. Lowe's   [05:12PM  Motley Fool]
▶ Weekly Top Insider Buys Highlight for the Week of Nov. 30   [Dec-01-18 05:50PM  GuruFocus.com]
▶ What Lowes Wants Investors to Know   [Nov-27-18 06:30PM  Motley Fool]
▶ Is the housing market showing signs of softening?   [04:24PM  Yahoo Finance Video]
▶ The 5 Stocks on the MFM Team's Radar   [09:56AM  Motley Fool]
▶ Target and Lowe's Have Their Eyes on the Long-Term Prize   [Nov-21-18 11:50PM  Motley Fool]
▶ What you need to know in markets on Wednesday   [Nov-20-18 05:53PM  Yahoo Finance]
▶ What Happened in the Stock Market Today   [05:08PM  Motley Fool]
▶ 3 Stocks Move Tuesday   [03:40PM  GuruFocus.com]
▶ Why Lowe's Stock Was Falling Today   [03:16PM  Motley Fool]
▶ Making the Bull Case for Lowes   [12:32PM  Barrons.com]
▶ The Top 4 Suppliers of Lowe's (LOW)   [10:27AM  Investopedia]
▶ Lowes Earnings, Revenue beat in Q3   [08:46AM  Investing.com]
▶ Maintenance Supply Headquarters eliminates 51 jobs at Laurel office   [06:39AM  American City Business Journals]
▶ Earnings preview: What to expect from Lowe's in Q3   [02:43PM  American City Business Journals]
▶ Lowe's Q3 Earnings Preview   [01:37PM  Benzinga]
▶ Lowes Looks to Start Catching Up With Home Depot   [Nov-16-18 09:10PM  Motley Fool]
▶ Bill Ackman Comments on Lowe's   [Nov-15-18 04:28PM  GuruFocus.com]
▶ The Street Reacts To Home Depot's Q3 Beat   [Nov-14-18 11:52AM  Benzinga]
▶ Home Depot Earnings Easily Beat, But Dow Jones Stock Closes Lower   [Nov-13-18 04:03PM  Investor's Business Daily]
▶ Is Home Depot Stock a Buy Today?   [10:51AM  InvestorPlace]
▶ Lowe's Companies, Inc. Declares Cash Dividend   [Nov-09-18 04:30PM  PR Newswire]
▶ Lowes offers chance for shoppers to get a jump on Black Friday   [12:05PM  American City Business Journals]
▶ Job fair hits home for these Charlotte-area veterans   [11:10AM  American City Business Journals]
▶ Home Depot Earnings: What to Watch   [08:50AM  Motley Fool]
▶ Home Depot and Lowes Look Ready to Get Back on Track   [Nov-07-18 04:01PM  Barrons.com]
▶ The End of an Era for SeaWorld   [12:46PM  Motley Fool]
▶ Lowe's Taps Target Digital Leader as CIO   [05:38PM  The Wall Street Journal]
▶ Despite closures, Lowe's plans new Triangle store   [02:24PM  American City Business Journals]

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