CVS

NYSE

CVS HEALTH Corp

Health Care, Health Care Services

$95.70

close 7 Aug 2026

+47.50%

52-week change

$122.30B

market cap

$64.32

$110.68

52-week range

Expected price

$58.73 – $71.78

Current price

$95.70

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)25.25x

P/S (TTM)0.29x

P/B1.53x

EV/EBITDA (TTM)13.46x

FCF yield (TTM)9.61%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average33.78x

P/E, sector median29.65x*

Price at 5-year median P/E$65.44*

Indicated dividend yield2.78%

Forward — analyst consensus

Forward P/E (FY2026)12.37x*

Forward P/E (FY2027)11.30x

Forward PEG1.32*

Consensus EPS FY2026 (26 analysts)$7.74

EPS growth (FY2026→FY2027)9.39%

Revenue growth (FY2026)2.96%

Street view

Price target (mean)$115.64*

Target upside20.84%

Ratings (buy / hold / sell)24 / 3 / 0

FY2026 EPS revisions, 30d (up / down)4 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR -10.28%10Y CAGR +2.38%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$95.70

Cash & equivalents$11.33B

Total debt$61.41B

Shares outstanding1.28B

Result

DCF price per share$25.74

Current price$95.70

Margin of safety-73.10%

PV of years 1–10$48.67B

PV of terminal value$34.30B

Equity value$32.90B

Market-implied growth-0.59%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$10.55B	$9.46B	$8.49B	$7.62B	$6.84B	$6.13B	$5.50B	$4.94B	$4.43B	$3.97B	$74.06B
PV	$9.77B	$8.11B	$6.74B	$5.60B	$4.65B	$3.86B	$3.21B	$2.67B	$2.22B	$1.84B	$34.30B

period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026