Mulya.ai
Ticker
DXCM
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?hist_ind
Reinvestment est.?avg_lt_ttm
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?9.8%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.275
Beta (levered) ?1.326
Terminal OM% ?21.1%
Segment conc. ?diversified
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 4 · 18.9%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

DXCM · DexCom, Inc.

$62.222026-05-17
Sector: Healthcare; Industry: Medical - Devices; Sub-Industry: Health Care Equipment

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$60
-3.2% vs market
Base · active
$58
-6.3% vs market
Bear
$43
-30.8% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $43
Base $58
Bull $60
Market $62
Median $87
Market Price $62
Mulya.ai Base $58
Analysts Median $87
Mulya.ai IV range ($43 · $60)
Analysts Range ($72 · $95)
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$2.4B12.9%12.4%$276MM−$621MM−$344MM10.8%9.2%$3.0B$0.54
2022.Q4$2.9B18.8%15.9%12.7%$405MM−$269MM$136MM11.0%13.5%$3.0B$0.86
2023.Q4$3.6B24.5%19.6%23.8%$540MM−$191MM$350MM10.6%17.4%$3.2B$1.36
2024.Q4$4.0B11.3%17.6%18.7%$578MM−$189MM$390MM11.2%17.2%$3.5B$1.44
2025.Q4$4.7B15.6%23.2%23.2%$831MM−$178MM$653MM11.4%23.1%$3.7B$2.1022.9
italics below = DCF projection · 10yr Rev CAGR: 10.7%
2026.Q4$5.2B+12.1%27.5%22.9%$1.1B−$461MM$649MM9.7%$592MM28.5%$4.1B$1.9831.4
2027.Q4$5.9B+12.2%26.2%22.5%$1.2B−$539MM$652MM9.6%$543MM27.1%$4.7B$2.1928.4
2028.Q4$6.6B+12.0%24.9%22.2%$1.3B−$620MM$654MM9.5%$497MM25.6%$5.3B$2.4125.8
2029.Q4$7.5B+13.9%23.6%21.9%$1.4B−$835MM$546MM9.3%$380MM24.2%$6.1B$2.7123.0
2030.Q4$8.6B+14.9%21.1%21.6%$1.4B−$1.1B$355MM9.2%$226MM21.3%$7.2B$3.0020.7
Term. Yr+$13.4B4.1%21.1%20.0%$2.3B−$490MM$1.8B8.6%$16.3B18.9%
Active scenario IV: $58 (-6.3% vs market)