Mulya.ai
Ticker
BMY
Scenario
Key Inputs
Revenue est.?Analysttaper yr3
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?5.5%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.266
Beta (levered) ?0.341
Terminal OM% ?31.5%
Segment conc. ?30% dominant
Terminal growth ?4.1%
Bond rating ?AA · 0.90%
ROIC option ?Opt 2 · 13.1%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

BMY · Bristol-Myers Squibb Company

$59.602026-05-17
Sector: Healthcare; Industry: Drug Manufacturers - General; Sub-Industry: Pharmaceuticals

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$264
+342.5% vs market
Base · active
$83
+39.6% vs market
Bear
$83
+39.5% vs market
Mulya.ai vs Analyst IV Comparison?
Market $60
Median $60
Bear $83
Base $83
Bull $264
Market Price $60
Mulya.ai Base $83
Analysts Median $60
Mulya.ai IV range ($83 · $264)
Analysts Range ($40 · $75)
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$46.4B23.8%13.4%$9.6B$5.6B$15.2B3.2%10.4%$91.8B$3.43
2022.Q4$46.2B-0.5%23.3%17.7%$8.8B$2.0B$10.8B5.1%9.8%$89.3B$3.10
2023.Q4$45.0B-2.5%21.8%4.7%$9.4B$4.4B$13.8B5.1%10.8%$84.5B$3.93
2024.Q4$48.3B7.3%23.2%0.0%$11.9B−$13.6B−$1.7B6.1%14.1%$84.4B$-4.38
2025.Q4$48.2B-0.2%30.5%24.4%$11.1B−$3.4B$7.7B5.3%13.4%$81.7B$3.468.3
italics below = DCF projection · 10yr Rev CAGR: 0.7%
2026.Q4$46.9B+-2.7%35.4%23.9%$12.6B$0MM$12.6B5.7%$11.9B15.5%$81.7B$4.6013.0
2027.Q4$46.0B+-2.0%34.6%23.5%$12.2B$0MM$12.2B6.0%$10.9B14.9%$81.7B$4.5713.0
2028.Q4$45.4B+-1.2%33.9%23.1%$11.8B$0MM$11.8B6.3%$9.9B14.5%$81.7B$4.5713.0
2029.Q4$45.2B+-0.5%33.1%22.6%$11.6B$0MM$11.6B6.6%$9.1B14.2%$81.7B$4.6013.0
2030.Q4$45.3B+0.3%31.5%22.2%$11.1B−$1.5B$9.7B6.9%$7.1B13.5%$83.2B$4.7012.7
Term. Yr+$53.6B4.1%31.5%20.0%$13.5B−$4.2B$9.3B8.6%$104.6B13.1%
Active scenario IV: $83 (+39.6% vs market)