Dolby Laboratories, Inc.

Dolby Laboratories, Inc.

DLBยทNYSE

$54.89

+0.20%
TechnologyInformation Technology Services

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV, transmissions and devices, mobile devices, OTT video and music services, and home entertainment devices. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications.; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, an digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and a range of media devices. Its audio technologies also include Dolby Digital, a digital audio coding technology that provides multichannel sound to applications; Dolby Digital Plus, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; Dolby Voice, an audio conferencing technology; and HEVC, a digital video codec with high bandwidth efficiency to support for media devices. In addition, the company designs and manufactures digital cinema servers, cinema processors, amplifiers, loudspeakers, hardware components, video conferencing solutions, and other products for the cinema, television, broadcast, communication, and entertainment industries. Further, it offers various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.

At a Glance

Live Snapshot
Market Cap$5.25B
EPS2.6600
P/E Ratio20.64
Earnings Date07/30/2026
Dolby Laboratories, Inc.

Dolby Laboratories, Inc. Fair Value Envelope

DLB ยท NYSE

Our analysis suggests that DLB has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $54.89, this represents a potential HIDDEN relative to our calculated worth for Dolby Laboratories, Inc..

Intrinsic Value
Current Price: $54.89

Owner Earnings Valuation Tool

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

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$179.8B
+ Cash & Equivalents$701.9M
Firm Value$180.5B
- Debt$38.9M
Equity Value$180.5B
/ Shares Outstanding95,837,881B
DCF Value$1.9K
UNDERVALUED BY 3331%

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
$683.5M
$989.4M
$1.4B
$2.1B
$3.0B
$4.3B
$6.3B
$9.1B
$13.2B
$19.1B
Maintenance CapEx
-$12.1M
-$17.6M
-$25.4M
-$36.8M
-$53.3M
-$77.2M
-$111.7M
-$161.7M
-$234.0M
-$338.7M
Owner Earnings
$671.4M
$971.8M
$1.4B
$2.0B
$2.9B
$4.3B
$6.2B
$8.9B
$12.9B
$18.7B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$621.6M
$833.1M
$1.1B
$1.5B
$2.0B
$2.7B
$3.6B
$4.8B
$6.5B
$8.7B
Terminal Value represents 82.0% of Enterprise Value