Affirm Holdings, Inc.

Affirm Holdings, Inc.

AFRMยทNASDAQ

$66.27

-6.7%
TechnologySoftware - Infrastructure

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States and Canada. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its payments network and partnership with an originating bank, enables consumers to pay for a purchase over time with terms ranging from one to forty-eight months. As of June 30, 2021, the company had approximately 29,000 merchants integrated on its platform covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel, apparel, accessories, consumer electronics, and jewelry. The company was founded in 2012 and is headquartered in San Francisco, California.

At a Glance

Live Snapshot
Market Cap$22.19B
EPS0.1600
P/E Ratio414.19
Earnings Date08/27/2026
Affirm Holdings, Inc.

Affirm Holdings, Inc. Fair Value Envelope

AFRM ยท NASDAQ

Our analysis suggests that AFRM has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $66.27, this represents a potential HIDDEN relative to our calculated worth for Affirm Holdings, Inc..

Intrinsic Value
Current Price: $66.27

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$6,868.9B
+ Cash & Equivalents$1.4B
Firm Value$6,870.3B
- Debt$7.9B
Equity Value$6,862.4B
/ Shares Outstanding325,854,360B
DCF Value$21.1K
UNDERVALUED BY 31679%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.6B
$3.2B
$6.4B
$12.7B
$25.4B
$50.8B
$101.6B
$203.2B
$406.5B
$813.0B
Maintenance CapEx
-$76.9M
-$153.8M
-$307.5M
-$615.0M
-$1.2B
-$2.5B
-$4.9B
-$9.8B
-$19.7B
-$39.4B
Owner Earnings
$1.5B
$3.0B
$6.0B
$12.1B
$24.2B
$48.4B
$96.7B
$193.4B
$386.8B
$773.6B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.4B
$2.6B
$4.8B
$8.9B
$16.5B
$30.5B
$56.4B
$104.5B
$193.5B
$358.3B
Terminal Value represents 88.7% of Enterprise Value