Market Pulse50Neutral

JPMorgan Chase & Co.Opportunity Rank #3(JPM) Intrinsic Value & DCF Analysis (2026)

Current Price

$289.91

Last updated: Mar 24, 2026

Price vs Intrinsic Value

$289.91
Price
$570.19
Intrinsic Value
Undervalued by 97%MOS: $456.15

Fundamental Score

95/100
Bullish

Weighted across 6 signals

Narrative Score

80/100
Strong

No change vs previous

The intrinsic value of JPMorgan Chase & Co. (JPM) is estimated at $570.19 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $289.91, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 5.42% long-term growth rate and a 12.00% discount rate (calculated: 13.24%), reflecting expected future free cash flow and cost of capital.

The intrinsic value of JPMorgan Chase & Co. (JPM) is estimated at $570.19 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $289.91, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 5.42% long-term growth rate and a 12.00% discount rate (calculated: 13.24%), reflecting expected future free cash flow and cost of capital.

Valuation Details

$570.19
96.68% upside
20% margin of safety: $456.15
Years: 10Growth Rate: 5.42%
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Capital Efficiency

Average Quarterly ROIC
109.6%
Cost of Capital (estimated)11%
Value StatusCreating Value

The company is earning a higher return on invested capital than it costs to raise that capital — a sign of strong, efficient value creation.

Complete historical ROIC is available with
.

Fundamental Details

95/100
BullishWeighted across 6 signals
DCF Discount
96.7% discount to price
100
FCF Yield
12.9% trailing FCF yield
100
ROIC vs WACC
ROIC 109.6% vs WACC 11.0% (10.0x)
100
Net Debt / FCF
Net cash position
100
Buybacks
Share count flat
50
FCF CAGR (5Y)
1025.7% 5Y FCF CAGR (adjusted)
100
Strengths lead the score: DCF Discount, FCF Yield.

Narrative Details

80/100
Strong
Vs 6-Month Baseline:High (83rd pct)Weighted across 6 recent drivers
Trend: Improving upConfidence: 100%Updated: 45m ago
Sources: 203 (200 News · 3 Analyst)
Drivers(last 30 days)
70 regulatory scrutiny+2.2
118 news sentiment+1.7
2 downgrade headlines-0.5
7 legal risk-0.2
Upgrade headlines+0.2
Macro headwinds+0.1

Investment Coach

Updated 19h ago
BUYConfidence: 81%
Thesis
JPMorgan Chase & Co. is significantly undervalued with an estimated fair value 91.8% above its current price, supported by a strong fundamental score of 95 and a ROIC that exceeds its cost of capital by 98.6 points. The improving narrative score further reinforces the bullish outlook for the company.
Key Risk
A key risk is if the valuation discount narrows below 10% or if ROIC falls below the cost of capital, undermining the investment thesis.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Confirm ROIC stays above cost of capital over coming quarters.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 5.42%5 Year CAGR: 5.25%

Free Cash Flow (in millions)

TTM20252024202320222021202020192018201720162015201420132012201120102009200820072006
$100,867$100,867-$42,012$12,974$107,119$78,084-$79,910$4,092$15,614-$10,827$21,884$73,466$36,593$107,953$25,079$95,932-$3,752$122,797$6,308-$110,560-$49,579

How Intrinziq Estimates Fair Value

Intrinziq estimates JPMorgan Chase & Co.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

JPMorgan Chase & Co.Financial Services

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers s deposit, investment and lending products, payments, and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, auto loan, and leasing services. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; payments and cross-border financing; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small business, large and midsized companies, local governments, and nonprofit clients; and commercial real estate banking services to investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, trusts and estates, loans, mortgages, deposits, and investment management products. The company also provides ATM, online and mobile, and telephone banking services. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

JPMorgan Chase & Co. (JPM) Intrinsic Value & DCF (2026) | Intrinziq