Mulya.ai
Ticker
PANW
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?8.3%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.942
Beta (levered) ?0.946
Terminal OM% ?33.9%
Segment conc. ?54% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 2 · 13.1%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

PANW · Palo Alto Networks, Inc.

$304.202026-07-21
Sector: Technology; Industry: Software - Infrastructure; Sub-Industry: Systems Software

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$97
-68.0% vs market
Base · active
$97
-68.0% vs market
Bear
$52
-83.1% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $52
Base $97
Bull $97
Market $304
Median $330
Market Price $304
Mulya.ai Base $97
Analysts Median $330
Mulya.ai IV range ($52 · $97)
Analysts Range ($209 · $375)
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.Q3$6.9B8.6%0.0%$1.5B−$53MM$1.4B8.2%20.0%$7.3B$0.59
2025.Q2$8.0B16.5%13.0%0.6%$1.0B−$175MM$865MM8.4%12.8%$8.9B$3.46
2025.Q3$8.0B0.0%13.0%6.4%$980MM−$286MM$694MM8.7%10.6%$9.6B$3.46
2026.Q2$9.2B14.9%20.6%31.2%$1.3B−$3.1B−$1.8B8.0%12.8%$10.9B$1.52
2026.Q3$10.6B15.0%14.8%39.7%$945MM−$4.3B−$3.4B8.4%4.4%$31.6B$1.13144.5
italics below = DCF projection · 10yr Rev CAGR: 9.5%
2027.Q3$13.5B+27.3%22.6%37.7%$1.9B−$3.5B−$1.6B8.3%−$1.5B5.7%$35.1B$1.09279.1
2028.Q3$15.4B+14.2%24.9%35.7%$2.5B−$2.4B$104MM8.4%$89MM6.8%$37.5B$1.62187.8
2029.Q3$17.4B+13.0%27.1%33.8%$3.1B−$2.5B$627MM8.4%$492MM8.1%$40.0B$2.27134.0
2030.Q3$18.8B+8.0%29.4%31.8%$3.8B−$1.8B$2.0B8.4%$1.4B9.2%$41.8B$2.96102.8
2031.Q3$20.2B+7.4%33.9%29.8%$4.8B−$1.8B$3.0B8.4%$2.0B11.3%$43.6B$4.2371.9
Term. Yr+$27.4B4.1%33.9%20.0%$7.4B−$2.3B$5.1B8.6%$50.5B13.1%
Active scenario IV: $97 (-68.0% vs market)