Warren Buffett Intrinsic Value Calculator

Buffett's preferred metric is "owner earnings" — net income plus depreciation/amortization, minus maintenance capex. This tool projects owner earnings 10 years forward at a growth rate you specify, then discounts back to today using your required rate of return. The result is a per-share intrinsic value estimate.

Owner Earnings = Net Income + D&A − Maintenance Capex. If you only have EPS + D&A/share, use that as a proxy. Buffett preferred this over reported earnings as it better reflects true economic earnings.

Current Owner Earnings / Share ($)

Shares Outstanding (millions)

Growth Rate Years 1–5 (%)

Growth Rate Years 6–10 (%)

Discount Rate / Required Return (%)

Terminal P/E Multiple

Current Share Price ($)

Intrinsic Value / Share

Current Price

Margin of Safety

Year 10 Owner Earnings/Share

Terminal Value / Share