Mulya.ai
Ticker
DAL
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?9.9%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.313
Beta (levered) ?1.555
Terminal OM% ?13.9%
Segment conc. ?92% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.72%
ROIC option ?Opt 4 · 18.6%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

DAL · Delta Air Lines, Inc.

$92.572026-07-21
Sector: Industrials; Industry: Airlines, Airports & Air Services; Sub-Industry: Passenger Airlines

Intrinsic Value Range Comparison · Mulya.ai

Bull
$252
+172.4% vs market
Base · active
$157
+69.8% vs market
Bear
$149
+61.5% vs market
Mulya.ai vs Analyst IV Comparison?
Median $88
Market $93
Bear $149
Base $157
Bull $252
Market Price $93
Mulya.ai Base $157
Analysts Median $88
Mulya.ai IV range ($149 · $252)
Analysts Range ($77 · $107)
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
2024.Q1$58.0B9.5%19.7%$4.4B−$5.2B−$723MM9.5%16.6%$26.8B$7.07
2024.Q4$58.0B0.0%9.5%25.8%$4.1B−$2.6B$1.5B9.8%14.6%$29.2B$7.07
2025.Q1$61.6B6.2%9.7%24.6%$4.5B−$2.7B$1.9B10.1%15.7%$28.3B$5.30
2025.Q4$61.6B0.0%9.7%19.0%$4.9B−$2.1B$2.8B10.1%16.0%$32.2B$5.30
2026.Q1$65.2B5.7%8.8%20.8%$4.6B−$894MM$3.7B9.8%14.8%$29.5B$6.8710.5
italics below = DCF projection · 10yr Rev CAGR: 4.3%
2027.Q1$65.7B+0.7%8.8%20.7%$4.6B−$2.4B$2.2B9.8%$2.0B15.0%$31.9B$7.0513.1
2028.Q1$68.5B+4.3%9.8%20.6%$5.3B−$3.2B$2.1B9.7%$1.7B15.9%$35.1B$8.2011.3
2029.Q1$73.0B+6.7%10.8%20.5%$6.3B−$3.0B$3.3B9.5%$2.5B17.2%$38.1B$9.669.6
2030.Q1$76.9B+5.3%11.9%20.5%$7.3B−$4.6B$2.7B9.4%$1.9B18.0%$42.7B$11.138.3
2031.Q1$80.5B+4.7%13.9%20.4%$8.9B−$3.8B$5.1B9.3%$3.3B20.0%$46.5B$13.666.8
Term. Yr+$103.7B4.1%13.9%20.0%$11.5B−$2.5B$9.0B8.6%$82.5B18.6%
Active scenario IV: $157 (+69.8% vs market)