Stock Analysis on Net

Celgene Corp. (NASDAQ:CELG)

This company has been moved to the archive! The financial data has not been updated since October 31, 2019.

Dividend Discount Model (DDM) 

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Intrinsic Stock Value (Valuation Summary)

Celgene Corp., dividends per share (DPS) forecast

US$

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Year Value DPSt or Terminal value (TVt) Calculation Present value at 17.40%
0 DPS01 0.00
1 DPS1 = 0.00 × (1 + 0.00%)
2 DPS2 = × (1 + 0.00%)
3 DPS3 = × (1 + 0.00%)
4 DPS4 = × (1 + 0.00%)
5 DPS5 = × (1 + 0.00%)
5 Terminal value (TV5) = × (1 + 0.00%) ÷ (17.40%0.00%)
Intrinsic value of Celgene Corp. common stock (per share) $—
Current share price $108.03

Based on: 10-K (reporting date: 2018-12-31).

1 DPS0 = Sum of the last year dividends per share of Celgene Corp. common stock. See details »

Disclaimer!
Valuation is based on standard assumptions. There may exist specific factors relevant to stock value and omitted here. In such a case, the real stock value may differ significantly form the estimated. If you want to use the estimated intrinsic stock value in investment decision making process, do so at your own risk.


Required Rate of Return (r)

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Assumptions
Rate of return on LT Treasury Composite1 RF 4.53%
Expected rate of return on market portfolio2 E(RM) 13.63%
Systematic risk of Celgene Corp. common stock βCELG 1.41
 
Required rate of return on Celgene Corp. common stock3 rCELG 17.40%

1 Unweighted average of bid yields on all outstanding fixed-coupon U.S. Treasury bonds neither due or callable in less than 10 years (risk-free rate of return proxy).

2 See details »

3 rCELG = RF + βCELG [E(RM) – RF]
= 4.53% + 1.41 [13.63%4.53%]
= 17.40%


Dividend Growth Rate (g)

Company does not pay dividends.