---
title: Dow (DOW) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/dow
ticker: DOW
as_of: 2026-10-17
sector: Basic Materials
industry: Chemicals
---
# Dow (DOW)

Dow (DOW) closed at $29.93 on Oct 16, 2026, undervalued by 67% vs its model value of $90.04 (from its peers' median EV/Revenue).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $29.93 (Oct 16, 2026) |
| Model value (from its peers' median EV/Revenue) | $90.04 |
| Price vs model | undervalued by 67% vs model |
| Range of that model | $82.27 – $93.27 |
| Market value | $21.6B |
| P/E (fiscal 2025) | — |
| Net margin (fiscal 2025) | -6.6% |
| Free cash flow (fiscal 2025) | -$1.4B |
| Dividend yield (trailing twelve months) | 4.68% |
| Beta | 0.41 |
| Cost of capital (WACC) | 6.34% |
| Business classification | Loss-Making (Revenue declining (~-5% recent), Currently unprofitable, Strong dividend yield, Highly cyclical earnings, Negative free cash flow) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Highest dividend yield | #34 | 4.68% | https://sweetvaluelab.com/lists/highest-dividend-yield |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 4.68% |
| Dividends per share, last 12 months | $1.40 |
| Coverage | — |
| Raised | — |
| Growth over 5 years | -12.9% a year |
| Latest payment | $0.35, ex-date Aug 31, 2026, paid Sep 11, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Aug 30, 2021 | $2.80 |
| To Aug 30, 2022 | $2.80 |
| To Aug 30, 2023 | $2.80 |
| To Aug 30, 2024 | $2.80 |
| To Aug 29, 2025 | $2.45 |
| Trailing twelve months (to Aug 31, 2026) | $1.40 |

## 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 | $0.00 | $0.00 | $0.00 |
| DCF · Perpetuity growth · 10y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 5y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 10y | cross check | $0.00 | $0.00 | $0.00 |
| EV/EBITDA · peers | cross check | $0.00 | $0.00 | $0.00 |
| EV/Revenue · peers | cross check | $90.04 | $82.27 | $93.27 |
| Earnings power value | cross check | $0.00 | $0.00 | $0.00 |
| Dividend discount | cross check | $0.00 | $0.00 | $0.00 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Jul 1, 2026 | Carter Karen S | Chief Executive Officer | Grant / award | 24,150 | $0 |
| Jul 1, 2026 | Carter Karen S | Chief Executive Officer | Grant / award | 126,640 | $0 |
| Feb 12, 2026 | Fitterling James R | Chair and CEO | Grant / award | 68,230 | $0 |
| Apr 9, 2026 | DAVIS RICHARD K | Director | Grant / award | 5,127 | $0 |
| Apr 9, 2026 | BUSH WESLEY G | Director | Grant / award | 5,127 | $0 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Jul 24, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1751788/000175178826000147/dow-20260630.htm |
| Jul 23, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1751788/000175178826000144/dow-20260723.htm |
| Jul 10, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1751788/000119312526300937/d166478d8k.htm |
| Jul 10, 2026 | 424B5 | Prospectus supplement | https://www.sec.gov/Archives/edgar/data/1751788/000119312526300936/d154928d424b5.htm |
| Jul 6, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers | https://www.sec.gov/Archives/edgar/data/1751788/000119312526296205/d26391d8ka.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Richard Pzena | 2026-06-30 | 12,507,011 | $342.2M |
| First Eagle | 2026-06-30 | 40,000 | $1.1M |
| Bridgewater | 2026-06-30 | 21,915 | $599,594 |
| Dodge & Cox | 2026-06-30 | 9,114 | $249,359 |

4 tracked managers in all.

## About

Dow Inc. is a global leader in materials science, delivering diverse solutions for key industries such as packaging, infrastructure development, mobility, and consumer products. The company's reach extends across numerous regions, including the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. Its operations are structured into three main divisions: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings. The Packaging & Specialty Plastics segment is responsible for producing foundational chemicals like ethylene, propylene, and aromatics, along with a range of polymers including polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers. The Industrial Intermediates & Infrastructure segment offers a broad spectrum of products, from ethyl…

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Source: https://sweetvaluelab.com/stocks/dow (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.