NASDAQ:AMZN

AMAZON COM INC

United StatesConsumerRetail-Catalog & Mail-Order HousesNasdaq

260.21

USD · Close 5 Nov 2026

Intrinsic value vs last close

Model estimate

Comparison requires review

−62.8%Intrinsic value vs last close

Last close (USD): 260.21
Intrinsic value (USD): 96.84

Intrinsic value = sector model's value (no adjustment)

Earnings-capitalised value

81.98−68.5%vs last close

Cost of equity 12.8% · price volatility 33.3%

Last year's earnings per share, capitalised at a cost of equity that rises with this share's own price swings, growing at the sector's long-run rate.

This is a different figure from the intrinsic value above. The intrinsic value is what the sector model says the business is worth. On Vietnamese stocks this figure has ranked future returns best in our track record; this market has no track record here yet.

Why it needs review

The cash-flow figures needed for a comparison are missing.

This estimate remains visible for checking its calculation. Its inputs require review before using it in a stock comparison. The model comparison behind this value needs review. The estimate does not remove the data limitations listed above.

Comparison assessed 5 Nov 2026Valid through 5 Dec 2026

Model reliability: High; Model fitInput stabilityRisk checks; High requires the model’s diagnostic criteria to be met.
Probability of outperforming peers: Not assessed; A separate peer-outperformance probability is unavailable for this valuation.

Assessed 5 Nov 2026Not updated with daily prices

These assessments address different questions. Neither establishes that the displayed valuation is correct or guarantees a future return.

Published filingsValued 5 Nov 2026Anchored to close on 5 Nov 2026The gap is recalculated when the close changes; the value updates weekly.

Valuation Breakdown

Retail-Catalog & Mail-Order Houses→Consumer

Classified as consumer from the industry its market data reports: “Retail-Catalog & Mail-Order Houses”.

ModelFCF-Based DCF

Intrinsic = 70% x DCF Value + 30% x (Fair P/E x EPS)

A Discounted Cash Flow model built on Free Cash Flow (FCF), the cash a business generates after operating expenses and capital expenditures. Future FCF is projected for 10 years with gradually decaying growth, then discounted to today's value using WACC. The DCF value is blended 70/30 with a value from the company's own historical P/E.

Technical details

Why this model

Consumer staples/retail generate steady, predictable free cash flows, making them ideal for DCF. The time value of money principle means a dollar today is worth more than a dollar tomorrow. DCF captures this by discounting future cash flows at a rate reflecting the investment's risk (WACC).

How it works

Takes 3-year median FCF as the base. Estimates growth via ROIC x reinvestment rate (Damodaran framework), falling back to historical revenue growth. Projects 10 years with decay toward the sector's long-run growth rate. Discounts at CAPM-derived WACC. Blends 70% of the DCF value with 30% of a P/E value: the company's 5-year median P/E, held between 5x and 25x, times EPS.

Best for

Stable consumer businesses (food, beverage, retail, healthcare) with predictable, positive free cash flows.

Weighted Avg Cost of Capital

Risk-Free (Rf)

4.94%

Betasector default

1.301

ERP

4.20%

CRP

0.22%

Cost of Equity (Ke)

10.62%

E/(D+E)

83.23%

Kd(1-t)

3.45%

D/(D+E)

16.77%

WACC

9.42%

Growth Estimate

fundamental firm blend9.00%

Growth decays 10%/yr toward terminal

Model Inputs

Base FCF→32.22B

Projection years→10

Valuation

We compare the sector model's value with the last close. This market has no track record here yet, so the value is shown as the model gives it.

Last close (USD)→260.21

Intrinsic value vs last close→−62.8%

Intrinsic value = sector model's value (no adjustment)

Intrinsic value (USD)

96.84

What feeds each step— click a source to highlight it in the statements

Discount rate (WACC)9.42%

Growth rate9.00%growth method: fundamental firm blend

Base cash flow32.2Bone off strip ratio: 0

DCF Sensitivity

Values from the standalone DCF scenarios below. These scenarios leave out the other parts of a blended model and do not reproduce the headline value.

WACC \ Growth	6.0%	7.5%	9.0%	10.5%	12.0%
7.4%	88.50	94.15	101.45	110.11	120.01
8.4%	67.08	71.37	76.88	83.38	90.78
9.4%	53.56	57.00	61.38	66.53	72.36
10.4%	44.26	47.11	50.72	54.94	59.71
11.4%	37.46	39.88	42.94	46.49	50.49

Above market priceBelow market priceCurrent estimate

NASDAQ:AMZN among Consumer

Every valued stock in the sector on this market, NASDAQ:AMZN marked: model value vs close across, market value up, model reliability into the board

Each bead is one valued stock in the sector; the amber bead with its stem is NASDAQ:AMZN. Drag to turn; open another stock from its bead.

Feeds valuation:Cost of capitalGrowthModel inputsFinal calculation

Line item	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash and cash equivalentsNet debt bridge	·	86,810	78,779	73,387	53,888	36,220	42,122	36,092	31,750	20,522	19,334	15,890	14,557	8,658	8,084	5,269	3,777	3,444	2,769	2,539	1,022
Short-term investmentsNet debt bridge	·	36,219	22,423	13,393	16,138	59,829	42,274	18,929	9,500	10,464	6,647	3,918	2,859	3,789	3,364	4,307	4,985	2,922	958	·	·
Inventories, Net	·	38,325	34,214	33,318	34,405	32,640	23,795	20,497	17,174	16,047	11,461	10,243	8,299	7,411	6,031	4,992	3,202	2,171	1,399	·	·
Fixed assets	·	357,025	252,665	·	·	·	·	72,705	61,797	48,866	29,114	21,838	16,967	10,949	7,060	4,417	2,414	1,290	854	·	·
TOTAL ASSETS	·	818,042	624,894	527,854	462,675	420,549	321,195	225,248	162,648	131,310	83,402	65,444	54,505	40,159	32,555	25,278	18,797	13,813	8,314	·	·
Short-term borrowingsDiscount rate (WACC) +1	·	2,748	5,017	8,494	2,999	1,491	1,155	1,307	1,371	100	1,056	238	1,520	753	579	129	·	·	·	·	·
Long-term borrowingsDiscount rate (WACC) +1	·	65,648	52,623	58,314	67,150	48,744	31,816	23,414	23,495	24,743	7,694	8,235	8,265	3,191	3,084	255	184	109	409	·	·
OWNER'S EQUITYDiscount rate (WACC)	·	411,065	285,970	201,875	146,043	138,245	93,404	62,060	43,549	27,709	19,285	13,384	10,741	9,746	8,192	7,757	6,864	5,257	2,672	1,197	431

Earnings Quality

Fiscal year 2025

Good

Accrual QualityLow accruals vs reported earnings

100

Cash ConversionOperating cash flow vs net income

100

Margin StabilityConsistency of profit margins

Revenue QualityConsistency of revenue growth

100

Quantitative Scores

F-Score

6/9

Neutral

Sharpe

−0.02

Negative

Composite

30 to 49

Piotroski F-Score Breakdown

✓Net Income > 0

✓Operating CF > 0

✓ROA Rising

✓OCF > Net Income

✓Lower Leverage

✗Better Liquidity

✓No Dilution

✗Margin Up

✗Turnover Up

Price Risk

Momentum

+4.3%

Volatility

38.6%

Max Drawdown

−20.5%

Key Ratios

Fiscal year 2025

36.40P/E

P/B: 6.88
P/S: 3.94
ROE: 18.9%
EPS: 7.29
BVPS: 38.58
Net Margin: 10.8%
D/E: 0.17
Rev Growth: +12.4%
EV/EBITDA: 19.03
Div Yield: —

Company Overview

Shares outstanding: 10,813M
Industry: Retail-Catalog & Mail-Order Houses

Ownership network

Shareholder structure

Shareholders

Jeffrey P. Bezos

Indiv

9.0%

964M

2025-10-14

Vanguard Capital Management

Inst

6.8%

728M

2026-04-29

Board & Management

BEZOS JEFFREY P8.1%

Executive Chair

Jassy Andrew R

President and CEO

Herrington Douglas J

CEO Worldwide Amazon Stores

Reynolds Shelley

Vice President

Olsavsky Brian T

Senior Vice President and CFO

RUBINSTEIN JONATHAN

Director

Zapolsky David

Senior Vice President

NOOYI INDRA K

Director

Garman Matthew S

CEO Amazon Web Services

Ng Andrew Y.

Director

Mandia Kevin R.

Director

SMITH BRAD D

Director

Computed 05/11/2026

Intrinsic value vs last close

Earnings-capitalised value

Why it needs review

Valuation Breakdown

DCF Sensitivity

NASDAQ:AMZN among Consumer

Financial Statements

Earnings Quality

Quantitative Scores

Key Ratios

Company Overview

Ownership network

NASDAQ:AMZN among Consumer

Ownership network