Morgan Stanley

MS US Financials Investment Banking & Brokerage
S&P 500
$214.38
+0.81%
Delayed · cached 15 min

Fair value analysis

MS
Morgan Stanley
Financials›Investment Banking & Brokerage
$214.38
Close used for this calculation
$181.36Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
52/100
Profitability23/25
Returns10/25
Balance Sheet6/25
Efficiency13/25
Growth12/25
Good
Quality radar
52Prof.23/25Ret.10/25Eff.13/25B.Sht6/25Growth12/25

Consensus fair value

$181.36
Above FV
▼ -15.4% against the close used
Model range $130.54 – $208.38
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear$130.54Fair value$181.36Bull$208.38
FairClose
52-week traded range
52W low $151.8652W high $228.55

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading above the consensus fair value

Morgan Stanley closed at $214.38, 18.2% above the consensus fair value of $181.36 drawn from 9 valuation models.

Financial DNA score 52/100 — Good. P/E of 21.0x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
$202.66
-5.5%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
$130.54
-39.1%
√(22.5 × EPS × BVPS)
EPS=10.21, BVPS=74.18 · outside Graham range (P/E 21, P/B 2.9) — asset-light, treat as a rough floor
P/E Fair Value
$204.20
-4.7%
EPS × 20x (sector P/E)
EPS=10.21, Sector P/E=20x
Peter Lynch (PEG)
$187.35
-12.6%
EPS × Growth% (PEG = 1 is fair)
EPS=10.21, g=18.4%
EV/EBITDA
$150.80
-29.7%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=26.61B
Dividend Discount (DDM)
$208.38
-2.8%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=3.86, r=10%, g=8%
Book Value (P/B)
$157.45
-26.6%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=74.18, ROE=14.5%, g=6%, r=10%
Reverse DCF
$214.38
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 7.8% | Historical: 18.4%
Margin of Safety
$134.35
-37.3%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=179.13, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.