--- title: Walt Disney (DIS) — intrinsic value and fair price canonical: https://sweetvaluelab.com/stocks/dis ticker: DIS as_of: 2026-10-17 sector: Communication Services industry: Entertainment --- # Walt Disney (DIS) Walt Disney (DIS) closed at $110.55 on Oct 16, 2026, undervalued by 9% vs its model value of $121.65 (from a five-year discounted cash flow). ## Key figures | Figure | Value | | --- | ---: | | Last close | $110.55 (Oct 16, 2026) | | Model value (from a five-year discounted cash flow) | $121.65 | | Price vs model | undervalued by 9% vs model | | Range of that model | $79.84 – $240.21 | | Market value | $190.9B | | P/E (fiscal 2025) | 16.1 | | Net margin (fiscal 2025) | 13.1% | | Free cash flow (fiscal 2025) | $10.1B | | Dividend yield (trailing twelve months) | 1.36% | | Beta | 1.42 | | Cost of capital (WACC) | 9.24% | | Business classification | Mature & Stable (Low/slowing growth (~3% recent), Moderate margins (13% net margin), Highly cyclical earnings, Strong FCF yield (5.3%)) | ## Dividends | Figure | Value | | --- | ---: | | Trailing dividend yield | 1.36% | | Dividends per share, last 12 months | $1.50 | | Dividends / free cash flow (fiscal 2025) | 17.9% | | Raised | 2 years in a row | | Growth over 2 years | 41.4% a year | | Latest payment | $0.75, ex-date Jun 30, 2026, paid Jul 22, 2026 | | Year of payments | Dividends per share | | --- | ---: | | To Jul 8, 2024 | $0.75 | | To Jun 24, 2025 | $1.00 | | Trailing twelve months (to Jun 30, 2026) | $1.50 | ## Valuation models Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026. | Model | Role | Value per share | Low | High | | --- | --- | ---: | ---: | ---: | | DCF · Perpetuity growth · 5y | primary | $121.65 | $79.84 | $240.21 | | DCF · Perpetuity growth · 10y | cross check | $125.22 | $85.10 | $236.60 | | DCF · EBITDA exit · 5y | cross check | $80.74 | $32.16 | $138.43 | | DCF · EBITDA exit · 10y | cross check | $94.32 | $51.96 | $152.08 | | P/E · peers | cross check | $66.10 | $38.14 | $168.24 | | P/E · own history | cross check | $371.11 | $245.27 | $549.99 | | PEG | sanity check | $67.99 | $67.99 | $67.99 | | EV/EBITDA · peers | cross check | $74.28 | $41.59 | $176.88 | | EV/Revenue · peers | cross check | $54.72 | $33.08 | $197.40 | | Earnings power value | cross check | $58.06 | $47.15 | $73.20 | | Dividend discount | cross check | $13.11 | $9.69 | $19.59 | ## Insider activity (SEC Form 4) Past 90 days: 0 open-market buys ($0) and 4 open-market sales ($1.9M); 10b5-1 plan sales included. | Date | Insider | Relationship | Transaction | Shares | Value | | --- | --- | --- | --- | ---: | ---: | | Oct 8, 2026 | WOODFORD BRENT | EVP, Control, Fin Plan & Tax | Open-market sell (10b5-1 plan) | 3,618 | $381,011.6 | | Oct 8, 2026 | WOODFORD BRENT | EVP, Control, Fin Plan & Tax | Option/RSU exercise (10b5-1 plan) | 3,618 | $380,649.8 | | Oct 8, 2026 | WOODFORD BRENT | EVP, Control, Fin Plan & Tax | Option/RSU exercise (10b5-1 plan) | 3,618 | $0 | | Sep 30, 2026 | MCDONALD CALVIN | Director | Grant / award | 1,005.7 | $105,477.8 | | Sep 30, 2026 | Chang Amy | Director | Grant / award | 1,005.7 | $105,477.8 | ## Recent SEC filings | Filed | Form | What | Filing | | --- | --- | --- | --- | | Aug 5, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1744489/000174448926000057/dis-20260627.htm | | Aug 5, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1744489/000174448926000056/dis-20260805.htm | | May 6, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1744489/000174448926000037/dis-20260328.htm | | May 6, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1744489/000174448926000036/dis-20260506.htm | | Mar 20, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 5.07 Submission of Matters to a Shareholder Vote; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1744489/000162828026020172/dis-20260318.htm | ## Superinvestors holding it (latest 13F) | Manager | Quarter | Shares | Value | | --- | --- | ---: | ---: | | Viking Global | 2026-06-30 | 7,158,406 | $689.0M | | First Eagle | 2026-06-30 | 5,375,293 | $517.4M | | Lindsell Train | 2026-06-30 | 2,607,846 | $251.0M | | Thomas Gayner | 2026-06-30 | 2,031,665 | $195.5M | 22 tracked managers in all. ## About Operating worldwide through its various subsidiaries, The Walt Disney Company (DIS) stands as a prominent global entertainment enterprise. Its vast array of activities is organized into two primary divisions: Disney Media and Entertainment Distribution, and Disney Parks, Experiences and Products. Within its media and entertainment arm, Disney is actively engaged in developing and distributing both cinematic films and television series. This segment encompasses the management of well-known broadcast networks such as ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star, as well as renowned film studios responsible for productions under banners like Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures. The company also delivers content directly to consumers through its popular streaming platforms, including Disney+, Disney+ Hotst… --- Source: https://sweetvaluelab.com/stocks/dis (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.