Mulya.ai
Ticker
BLK
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?10.7%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.493
Beta (levered) ?1.594
Terminal OM% ?24.5%
Segment conc. ?86% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.72%
ROIC option ?Opt 2 · 13.1%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

BLK · BlackRock, Inc.

$966.562026-05-17
Sector: Financial Services; Industry: Asset Management; Sub-Industry: Asset Management & Custody Banks

Intrinsic Value Range Comparison · Mulya.ai

Bull
$770
-20.3% vs market
Base · active
$608
-37.1% vs market
Bear
$377
-61.0% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $377
Base $608
Bull $770
Market $967
Median $1350
Market Price $967
Mulya.ai Base $608
Analysts Median $1350
Mulya.ai IV range ($377 · $770)
Analysts Range ($1255 · $1514)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$19.4B38.5%24.1%$5.7B−$374MM$5.3B10.4%15.8%$35.8B$35.68
2022.Q4$17.9B-7.7%35.7%20.6%$5.1B−$1.0B$4.1B10.7%14.2%$35.7B$31.31
2023.Q4$17.9B-0.1%35.1%20.7%$5.0B−$452MM$4.5B10.3%13.8%$36.7B$33.26
2024.Q4$20.4B14.3%37.1%21.5%$5.9B−$2.5B$3.5B10.9%14.5%$45.2B$38.51
2025.Q4$24.2B18.7%29.1%22.0%$5.5B−$618MM$4.9B11.1%10.7%$57.4B$33.5722.7
italics below = DCF projection · 10yr Rev CAGR: 7.6%
2026.Q4$28.4B+17.4%29.4%21.8%$6.5B−$1.6B$4.9B10.5%$4.5B11.2%$59.0B$39.4524.5
2027.Q4$31.5B+10.9%30.5%21.6%$7.5B−$1.3B$6.3B10.3%$5.1B12.6%$60.3B$45.5521.2
2028.Q4$35.4B+12.4%25.9%21.4%$7.2B−$1.8B$5.5B10.2%$4.1B11.8%$62.0B$43.6922.1
2029.Q4$37.9B+7.0%25.9%21.2%$7.7B−$1.2B$6.5B9.9%$4.4B12.4%$63.3B$46.8520.6
2030.Q4$40.0B+5.7%25.9%21.0%$8.2B−$1.2B$7.0B9.8%$4.3B12.8%$64.5B$49.6319.5
Term. Yr+$52.5B4.1%24.5%20.0%$10.3B−$3.2B$7.1B8.6%$62.5B13.1%
Active scenario IV: $608 (-37.1% vs market)