AMZN — Valuation Lab

Multi-scenario valuation with editable assumptions

Implied Price
$198.50
Current Price
$191.24
Upside
+3.8%
IRR
11.2%
Implied EV/EBITDA
22.1x

Forecast Assumptions

MetricYear 1Year 2Year 3Year 4Year 5
Revenue Growth %12%10%8%6%5%
EBITDA Margin %35%35.5%36%36%36%
Capex % Revenue3.5%3.5%3.3%3.2%3%
WACC: 9.5%Terminal Growth: 3%Tax Rate: 21%

Sensitivity — WACC vs Terminal Growth

WACCTG 2.0%TG 2.5%TG 3.0%TG 3.5%
8.0%$248$231$215$201
8.5%$232$217$203$191
9.0%$218$205$193$182
9.5%$206$194$183$174
10.0%$195$184$174$166