Market Pulse44Neutral

Zoetis Inc.Opportunity Rank #143(ZTS) Intrinsic Value & DCF Analysis (2026)

Sector: Healthcare

Current Price

$75.90

Last updated: Jun 23, 2026

Price vs Intrinsic Value

$75.90
Price
$143.79
Intrinsic Value
Undervalued by 89%MOS: $115.03

Fundamental Score

63/100
Neutral

Weighted across 6 signals

Narrative Score

67/100
Improving

-1 vs previous

Trend Score

9/100
Weak

As of 2026-06-22

The intrinsic value of Zoetis Inc. (ZTS) is estimated at $143.79 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $75.90, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 7.07% long-term growth rate and a 9.00% discount rate (calculated: 6.96%), reflecting expected future free cash flow and cost of capital.

The intrinsic value of Zoetis Inc. (ZTS) is estimated at $143.79 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $75.90, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 7.07% long-term growth rate and a 9.00% discount rate (calculated: 6.96%), reflecting expected future free cash flow and cost of capital.

Valuation Details

$143.79
89.45% upside
20% margin of safety: $115.03
Years: 10Growth Rate: 7.07%
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Capital Efficiency

Average Quarterly ROIC
6.88%
Cost of Capital (estimated)11%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.

Fundamental Details

63/100
NeutralWeighted across 6 signals
DCF Discount
89.4% discount to price
100
FCF Yield
10.4% trailing FCF yield
100
ROIC vs WACC
ROIC 6.9% vs WACC 11.0% (0.6x)
31
Net Debt / FCF
2.2x net debt to FCF
25
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
5.1% 5Y FCF CAGR
50
Strengths: DCF Discount, FCF Yield. Concerns: ROIC vs WACC, Net Debt / FCF.

Narrative Details

67/100
Improving
-1 vs previous · +2 new driversVs 6-Month Baseline:High (95th pct)Weighted across 6 recent drivers
Trend: Improving upConfidence: 100%Updated: 1h ago
Sources: 199 (193 News · 6 Analyst)
Drivers(last 30 days)
148 legal risk+1.4
35 news sentiment+0.2
Analyst downgrades-0.0
8 regulatory scrutiny+0.0
Downgrade headlines-0.0
Earnings beat+0.0

Trend Details

9/100
WeakAs of 2026-06-22308 daily bars used
Distance from 52-Week High-52.3%
3M Relative Strength vs SPY-49.2%
6M Relative Strength vs SPY-48.8%
Price vs 21 EMA17 · -6.1%
Price vs 50 EMA3 · -16.1%
21 EMA vs 50 EMA2 · -10.6%
3M RS vs SPY0 · -49.2%
6M RS vs SPY0 · -48.8%
Distance from 52W High0 · -52.3%

Investment Coach

Updating... 12d ago
BUYConfidence: 54%
Thesis
Zoetis Inc. is undervalued with an estimated fair value 87.5% above its current price, supported by healthy free cash flow yield and constructive fundamentals. The company's improving narrative and strong buyback activity further enhance its investment appeal.
Key Risk
Returns are currently trailing the estimated cost of capital, indicating potential challenges in generating sufficient economic profit.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC versus WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 7.07%5 Year CAGR: 4.17%

Free Cash Flow (in millions)

TTM20252024202320222021202020192018201720162015201420132012201120102009
$3,300$3,525$3,608$3,085$2,498$2,690$2,579$2,255$2,128$1,570$929$888$821$865$580$632$378$233

How Intrinziq Estimates Fair Value

Intrinziq estimates Zoetis 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.

Zoetis Inc.Healthcare

Zoetis Inc. stands as a global leader in animal health, focusing on the research, development, manufacturing, and commercialization of veterinary pharmaceuticals, vaccines, and diagnostic tools. Its comprehensive portfolio serves a broad spectrum of species, encompassing both livestock, including cattle, swine, poultry, fish, and sheep, and beloved companion animals such as dogs, cats, and horses. Among its pharmaceutical offerings are various therapeutic agents. This includes vaccines, vital for preventing respiratory, gastrointestinal, and reproductive diseases by stimulating a targeted immune response; anti-infectives that combat or inhibit the proliferation of bacterial, fungal, or protozoal pathogens; and parasiticides aimed at eradicating both internal and external pests such as fleas, ticks, and various worms. Additional pharmaceuticals address areas such as pain management and sedation, anti-emesis, reproductive health, and oncology. The portfolio also features dermatological solutions for allergic skin conditions and atopic dermatitis, alongside medicated feed additives specifically designed for livestock. Beyond therapeutics, Zoetis offers an extensive array of diagnostic solutions. These include portable analysis systems for blood and urine, point-of-care testing devices, specialized instruments and reagents, rapid immunoassay kits, comprehensive reference laboratory services, and blood glucose monitoring equipment. Further extending its reach, the company provides supplementary offerings such as nutritional products, agribusiness support services, biodevices, genetic testing, and innovations in precision animal health. Zoetis distributes its diverse product portfolio to a broad customer base, including veterinary professionals, livestock producers, and retail channels. This distribution occurs directly via its sales representatives and technical specialists, as well as through partnerships with third-party veterinary distributors. Established in 1952, the company maintains its corporate headquarters in Parsippany, New Jersey.