GM
General Motors Company (GM)
Last Price$47.4(3.6%)
Market Cap$55.4B
DCF value
$24.3
Overvalued (DCF value)
(48.6%)
Discount Rate
20.8%
Long-Term Growth Rate
2.5%
Stock quality
6/10
Good

GM DCF Model

Free Cash Flow to Firm Model
NOPAT Model
Free Cash Flow to Equity Model
Net Income Model
Millions
Billions
Dec'20 ActualDec'21 ActualDec'22 ActualDec'23 ActualDec'24 ActualDec'25 EstimateDec'26 EstimateDec'27 EstimateDec'28 EstimateDec'29 EstimateDec'30 EstimateDec'31 EstimateDec'32 EstimateDec'33 EstimateDec'34 EstimateDec'35 Terminal
% growth
122,485.0
(10.7%)
127,004.0
3.7%
156,735.0
23.4%
171,842.0
9.6%
187,442.0
9.1%
178,748.6
(4.6%)
181,008.8
1.3%
194,766.1
7.6%
229,000.0
17.6%
264,318.8
15.4%
299,391.9
13.3%
332,670.5
11.1%
362,482.9
9.0%
387,159.6
6.8%
405,177.4
4.7%
415,306.9
2.5%
8,928.0
7.3%
13,666.0
10.8%
10,315.0
6.6%
9,298.0
5.4%
12,784.0
6.8%
13,863.3
7.8%
14,038.6
7.8%
15,105.6
7.8%
17,760.7
7.8%
20,499.9
7.8%
23,220.1
7.8%
25,801.1
7.8%
28,113.3
7.8%
30,027.2
7.8%
31,424.6
7.8%
32,210.2
7.8%
NOPAT
% effective tax rate
6,971.5
5.7%
10,688.0
8.4%
8,635.7
5.5%
8,794.8
5.1%
8,948.3
4.8%
9,703.8
5.4%
9,826.5
5.4%
10,573.4
5.4%
12,431.9
5.4%
14,349.2
5.4%
16,253.3
5.4%
18,059.9
5.4%
19,678.3
5.4%
21,018.0
5.4%
21,996.1
5.4%
22,546.0
5.4%
% of revenue
12,676.0
10.3%
12,047.0
9.5%
11,276.0
7.2%
11,888.0
6.9%
12,389.0
6.6%
12,346.6
6.9%
12,502.8
6.9%
13,453.0
6.9%
15,817.6
6.9%
18,257.2
6.9%
20,679.8
6.9%
22,978.4
6.9%
25,037.7
6.9%
26,742.2
6.9%
27,986.7
6.9%
28,686.4
6.9%
% of revenue
(20,533.0)
(16.8%)
(22,111.0)
(17.4%)
(21,187.0)
(13.5%)
(24,610.0)
(14.3%)
(15,279.0)
(8.2%)
(21,444.1)
(12.0%)
(21,715.2)
(12.0%)
(23,365.7)
(12.0%)
(27,472.6)
(12.0%)
(31,709.7)
(12.0%)
(35,917.4)
(12.0%)
(39,909.7)
(12.0%)
(43,486.3)
(12.0%)
(46,446.7)
(12.0%)
(48,608.2)
(12.0%)
(49,823.4)
(12.0%)
(399.0)
(0.3%)
(3,366.0)
(2.7%)
(2,977.0)
(1.9%)
2,341.0
1.4%
0.0
0.0%
(320.0)
(0.2%)
(324.1)
(0.2%)
(348.7)
(0.2%)
(410.0)
(0.2%)
(473.2)
(0.2%)
(536.0)
(0.2%)
(595.6)
(0.2%)
(648.9)
(0.2%)
(693.1)
(0.2%)
(725.4)
(0.2%)
(743.5)
(0.2%)
Free Cash Flow to Firm (FCFF)
% of revenue
(1,284.5)
(1.0%)
(2,742.0)
(2.2%)
(4,252.3)
(2.7%)
(1,586.2)
(0.9%)
6,058.3
3.2%
286.4
0.2%
290.0
0.2%
312.1
0.2%
366.9
0.2%
423.5
0.2%
479.7
0.2%
533.0
0.2%
580.8
0.2%
620.3
0.2%
649.2
0.2%
665.4
0.2%
% of FCFF used in calculation
83.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Discount period
0.50
1.50
2.50
3.50
4.50
5.50
6.50
7.50
8.50
9.50
Discount factor
0.91
0.75
0.62
0.52
0.43
0.35
0.29
0.24
0.20
0.17
Discounted FCFF (DFCFF)
216.3
218.3
194.4
189.2
180.7
169.4
155.7
140.4
124.1
107.5

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GM DCF Value

DCF Value Calculation

as of Mar 03, 2025
Sum of DFCFF
% share of EV
1,696.0M
73.8%
Terminal Value (TV)
3,628.2M
Discounted TV
% share of EV
600.8M
26.2%
Total Debt
961.0M
Shares outstanding
1,169.9M
FX rate
1.0
48.6% overvalued

Equity Value Bridge

GM DCF Financials

Revenue
$187.4B -> $405.2B 8.0% CAGR
Operating Income
$12.8B -> $31.4B 9.4% CAGR
FCFF
$6,058.3M -> $649.2M (20.0%) CAGR

GM DCF sensitivity

DCF value
Long-term Terminal growth rate
1.5%
2.0%
2.5%
3.0%
3.5%
WACC
20.0%
$24.0
$24.0
$24.0
$24.0
$24.0
20.5%
$24.0
$24.0
$24.0
$24.0
$24.0
20.8%
$24.0
$24.0
$24.0
$24.0
$24.0
21.5%
$24.0
$24.0
$24.0
$24.0
$24.0
22.0%
$24.0
$24.0
$24.0
$24.0
$24.0
DCF value, undervalued / overvalued
Long-term Terminal growth rate
1.5%
2.0%
2.5%
3.0%
3.5%
WACC
20.0%
(49.0%)
(49.0%)
(49.0%)
(49.0%)
(49.0%)
20.5%
(49.0%)
(49.0%)
(49.0%)
(49.0%)
(49.0%)
20.8%
(49.0%)
(49.0%)
(49.0%)
(49.0%)
(49.0%)
21.5%
(49.0%)
(49.0%)
(49.0%)
(49.0%)
(49.0%)
22.0%
(49.0%)
(49.0%)
(49.0%)
(49.0%)
(49.0%)

Explore more intrinsic value tools hub for GM

FAQ

What is General Motors Company DCF (discounted cash flow) valuation?

As of Mar 03, 2025, General Motors Company's Discounted Cash Flow (DCF) valuation estimates its share price at $24.3. This suggests it may be overvalued by (48.6%) compared to its current price of around $47.4, using a WACC of 20.8% and growth rates of 2.5%.

What is General Motors Company WACC?

As of Mar 03, 2025, General Motors Company's Weighted Average Cost of Capital (WACC) is approximately 20.8%.

What is General Motors Company Enterprise Value?

As of Mar 03, 2025, General Motors Company's Enterprise Value (EV) is approximately $2,296.7M. This value reflects the company's total market capitalization plus debt, minus cash and cash equivalents, providing a comprehensive measure of its overall value in the market.