Mulya.ai
Ticker
LRCX
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?projected
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?10.8%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.497
Beta (levered) ?1.519
Terminal OM% ?32.8%
Segment conc. ?62% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 4 · 23.6%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

LRCX · Lam Research Corporation

$218.442026-05-17
Sector: Technology; Industry: Semiconductors; Sub-Industry: Semiconductor Materials & Equipment

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$190
-12.9% vs market
Base · active
$126
-42.3% vs market
Bear
$92
-58.0% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $92
Base $126
Bull $190
Market $218
Median $280
Market Price $218
Mulya.ai Base $126
Analysts Median $280
Mulya.ai IV range ($92 · $190)
Analysts Range ($200 · $325)
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
2022.Q2$14.6B34.0%11.2%$4.4B−$720MM$3.7B9.6%43.7%$10.1B$3.09
2023.Q2$17.2B17.8%34.6%11.6%$5.3B−$2.7B$2.6B11.6%45.6%$13.0B$3.64
2024.Q2$17.4B1.2%32.9%11.7%$5.1B$846MM$5.9B12.1%40.2%$12.2B$3.56
2025.Q2$14.9B-14.5%31.7%12.2%$4.1B−$510MM$3.6B12.1%32.7%$13.2B$3.02
2026.Q2$20.6B37.9%37.4%11.4%$6.8B−$276MM$6.5B12.5%50.0%$14.0B$4.9135.9
italics below = DCF projection · 10yr Rev CAGR: 8.3%
2027.Q2$25.6B+24.6%35.8%12.2%$8.1B−$601MM$7.4B10.6%$6.7B56.1%$14.6B$5.7438.1
2028.Q2$29.7B+15.9%35.8%13.1%$9.2B−$669MM$8.6B10.4%$7.0B61.7%$15.3B$6.5933.1
2029.Q2$32.4B+9.2%35.8%14.0%$10.0B−$722MM$9.3B10.2%$6.9B63.7%$16.0B$7.1230.7
2030.Q2$34.5B+6.4%35.8%14.8%$10.5B−$29MM$10.5B10.0%$7.1B65.5%$16.1B$7.5029.1
2031.Q2$36.3B+5.4%35.8%15.7%$11.0B−$30MM$10.9B9.8%$6.7B68.2%$16.1B$7.8227.9
Term. Yr+$47.4B4.1%32.8%20.0%$12.4B−$2.2B$10.3B8.6%$90.4B23.6%
Active scenario IV: $126 (-42.3% vs market)