Valuation models
price $80.15 · as of Nov 2, 2026
DCF · Perpetuity growth · 5yused74.95 – 119.8593.1714% undervaluedDCF · Perpetuity growth · 10y86.31 – 134.15105.7824% undervaluedDCF · EBITDA exit · 5y110.94 – 122.75116.6931% undervaluedDCF · EBITDA exit · 10y114.38 – 136.63124.9936% undervaluedP/E · peers71.17 – 690.11262.0269% undervaluedP/E · own history57.65 – 134.0674.268% overvaluedPEG—54.1648% overvaluedEV/EBITDA · peers45.28 – 106.5692.3513% undervaluedEV/Revenue · peers—7.091030% overvaluedDividend discount6.56 – 12.288.27869% overvaluedWall St. consensus target—100.0020% belowCost of capital (WACC)—8.29%—
DCF · Perpetuity growth · 5y leads for a cyclical company — positive operating income and three years of positive free cash flow. How the headline model is chosen.
Model value · DCF · Perpetuity growth · 5y
93.17
Delta Air Lines closed at $80.15 — undervalued by 14% vs model.
74.95the model's range119.85
DCF · Perpetuity growth · 5y leads for a cyclical company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.
Other models
7.09 – 262.02
Wall St. target
100.00 20% below
Below model, 1y
20 of 30 days
How it is valued
Valued asCyclical
Low/slowing growth (~4% recent)Decelerated from ~30% 5y CAGRModerate margins (8% net margin)Highly cyclical earningsStrong FCF yield (7.3%)
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.