VZ

VZ

Verizon

Dividend / Cash flow

★ Quality 28/100
Discounted

Price today

$44.73

what the market pays

Worth

$49.00

calculated cycle value

Worth $49.00price today $44.73

Price is 9% below its value

charlieapp.co

Price vs Intrinsic Value

VI$32.4$39.2$46.1$52.9$59.7'21'22'23'24'25'26VZVI $49.0 · MdS +10%
UndervaluedDiscountedFair priceIV = current model value

The line is the price month by month; the green band marks when it's undervalued (−20% off value). When the price drops in there, the discount is real, not opinion.

Where does the value come from?

🏛️

Established business paying dividends

$77.50

per share

How it's calculated

💰

Free cash flow per share

normalized free cash flow

$4.16
×
📐

Multiplier

years of discounted cash flows

19.0x
=
🏢

Business value

without cash

$77.50

infraDebt: infra debt doesn't penalize mult. FCF $17.5B. Div $2.71 yield 5.7% (19 years). New CEO Schulman. HOLD at $48.

🏦

Net cash in the bank

cash minus financial debt, per share

$28.50

Total calculated value

business + cash

$49.00

How many times the cash flow

Dividend / Cash flow · vs 42 peers

You pay today
17.6x
Sector median
25.8x
Charlie: worth
18.6x

You pay 17.6x times this business's cash flow; its sector median is 25.8x.

6% below what Charlie thinks it's worth (18.6x) — that gap is your safety margin.

Why Discounted?

Its free cash flow is $4.16/share × 19.0x multiplier minus $28.50 in negative net cash = $49.00 in intrinsic value. Today's price of $44.73 is 10% below value — a moderate discount, a good spot to enter gradually.

🟡

The price is 9% off the calculated value. Close, but without the ideal discount.

It's fine to buy in pieces. Monthly DCA works well here.

💡

For a bigger safety margin, wait for $39.20 or less.

At what price would buying make sense?

Entry zones

🟢 Undervalued

$39.20

-20% off Value

🟡 Discounted

$46.55

-5% off Value

🟡 Today

$44.73

+10% Valor

🟡

Discounted

The price is close to value. There's no big discount, but it's reasonable to invest in pieces.

The market is a device for transferring money from the impatient to the patient.

— Warren Buffett

Model updated · July 2026

The business

A cash cow with a mortgage: the milking is reliable, so is the debt.

Verizon sells mobile phone service and internet in the United States. It charges monthly subscriptions to about 145 million lines and to households with fiber optic. Recurring, predictable income, month after month.

Building a national 5G network costs tens of billions plus spectrum licenses nobody gives away. That holds back new rivals, but only three are playing the same game. A real advantage, not an impassable moat.

Revenue history

$133.6B
2021
$136.8B
2022
$134.0B
2023
$134.8B
2024
$138.2B
2025
CAGR 5 años: +1%

From $133.6B to $138.2B in 4 years. Sales aren't taking off — the engine is stuck.

Where each $100 of sales goes

Revenue $138.2B · FY2025

Costs and operations$121.0B · 88%
Net profit$17.2B · 12%

Of every $100 in sales, $88 goes to costs and operations; $12 is left as net profit (12% margin).

Catalysts and risks

Dividend of $2.71, yields 5.7%, raised 19 years in a row.

FCF of $33.3B covers the dividend comfortably.

New CEO Schulman comes in to trim fat and discipline capital.

⚠️

Debt of $139.5B against $19B in cash: little margin for error.

⚠️

Growth of 2%: you run just to stay in the same place.

⚠️

Price war with AT&T and T-Mobile erodes margins.

Charlie's note

Paying 19x for a business growing at 2% is neither a steal nor a giveaway. The 5.7% dividend pays you to wait while the debt keeps you up at night.

Analysis · June 2026

So when would be a good price for Verizon?

Today it trades below what we calculate. If you want us to tell you when that changes —or when the value itself moves because the company reported— we will email you.

🔔 Email me

Free · no card

Charlie informs, it doesn't advise. No information should be taken as a recommendation to buy or sell.