An Intrinsic Calculation For Delta Air Lines, Inc. (NYSE:DAL) Suggests It’s 34% Undervalued

Key Insights

• Delta Air Lines’ estimated fair value is US$73.57 based on 2 Stage Free Cash Flow to Equity

• Delta Air Lines’ US$48.60 share price signals that it might be 34% undervalued

• The US$60.53 analyst price target for DAL is 18% less than our estimate of fair value

Does the June share price for Delta Air Lines, Inc. (NYSE:DAL) reflect what it’s really worth? Today, we will estimate the stock’s intrinsic value by taking the expected future cash flows and discounting them to their present…