Last month, prompted by long-time Framework member, Wilson M., I worked with our new analysts to do a valuation waterfall of Disney DIS. Since that time, the company reported its annual earnings, so I wanted to refresh the model and take another brief look at our valuation assumptions.
We posted a Five-Minute Valuation video for Disney yesterday, and below you’ll find the updated Valuation Waterfall and Framework Valuation model.
The negative cases have gotten slightly more negative (due to a lowered assumption of worst-case growth) and the positive cases have gotten slightly more positive. The end result is the same equally weighted average price for all our scenarios.
Here is a copy of the model – feel free to download it and check our inputs!
Also feel free to comment on the Framework Forum thread on Disney, so please post your questions and comments there!
Here’s the Valuation Waterfall for Disney: