What is Slb Limited worth?
With the base-case assumptions below, a discounted cash flow model on Slb Limited's reported free cash flow gives $69.09 per share. The share price was $51.54 on September 25, 2026, 25% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 3.5% | 10.0% | $40.84 | -21% |
| Base | 8.5% | 9.0% | $69.09 | +34% |
| Bull | 13.5% | 8.0% | $125.43 | +143% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $90.22 | $96.71 | $104.63 | $114.54 | $127.28 |
| 8.0% | $74.43 | $78.63 | $83.60 | $89.57 | $96.86 |
| 9.0% | $62.90 | $65.78 | $69.09 | $72.96 | $77.54 |
| 10.0% | $54.13 | $56.17 | $58.49 | $61.14 | $64.19 |
| 11.0% | $47.24 | $48.74 | $50.41 | $52.30 | $54.43 |
Where the presets come from
Base: years 1 to 5 grow at Slb Limited's revenue growth rate over the last 5 fiscal years (8.6% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions