Waste Management, Inc.Opportunity Rank #128(WM) Intrinsic Value & DCF Analysis (2026)
Current Price
$227.53
Last updated: Mar 24, 2026
Price vs Intrinsic Value
Fundamental Score
Weighted across 6 signals
Narrative Score
No change vs previous
The intrinsic value of Waste Management, Inc. (WM) is estimated at $356.47 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $227.53, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 3.94% long-term growth rate and an 8.50% discount rate (calculated: 6.99%), reflecting expected future free cash flow and cost of capital.
The intrinsic value of Waste Management, Inc. (WM) is estimated at $356.47 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $227.53, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 3.94% long-term growth rate and an 8.50% discount rate (calculated: 6.99%), reflecting expected future free cash flow and cost of capital.Valuation Details
Capital Efficiency
The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.
Fundamental Details
Narrative Details
Investment Coach
- Monitor whether valuation discount remains above 10%.
- Track ROIC vs WACC spread for sustained improvement.
- Follow narrative trend for meaningful shifts in the score direction.
Free Cash Flow (in millions)
How Intrinziq Estimates Fair Value
Intrinziq estimates Waste Management, Inc.'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.
Waste Management, Inc.Industrials
Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2021, the company owned or operated 255 solid waste landfills; 5 secure hazardous waste landfills; 96 MRFs; and 340 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.