Figma, Inc.

Figma, Inc.

FIG·NYSE

$22.79

-6.2%
TechnologySoftware - Application

Figma, Inc. develops a browser-based tool for designing user interfaces that helps design and development teams build various products. The company offers Figma Design, a collaborative design tool for teams that explore ideas and gather feedback, build realistic prototypes, and streamline product development with design systems; Dev Mode to inspect designs and translate them into code without changing the design file; FigJam to define ideas, align on decisions, and move work forward—all in one place; and Figma Slides, a presentation tool built for designers and their teams. It also provides Figma Draw to create expressive designs with illustration tools; Figma Buzz that publishes brand templates to create social media assets, display ads, one-pagers, and others; Figma Sites to design, prototype, and publish; and Figma Make, an AI tool to design and prompt way to a functional prototype. The company was incorporated in 2012 and is headquartered in San Francisco, California.

At a Glance

Live Snapshot
Market Cap$11.11B
EPS-2.4500
P/E Ratio-9.30
Earnings Date06/18/2026
Figma, Inc.

Figma, Inc. Fair Value Envelope

FIG · NYSE

Our analysis suggests that FIG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $22.79, this represents a potential HIDDEN relative to our calculated worth for Figma, Inc..

Intrinsic Value
Current Price: $22.79

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$2,271.2B
+ Cash & Equivalents$403.5M
Firm Value$2,271.6B
- Debt$114.3M
Equity Value$2,271.5B
/ Shares Outstanding487,460,903B
DCF Value$4.7K
UNDERVALUED BY 20347%

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
$501.4M
$1.0B
$2.0B
$4.0B
$8.0B
$16.0B
$32.1B
$64.2B
$128.3B
$256.7B
Maintenance CapEx
-$1.8M
-$3.6M
-$7.1M
-$14.2M
-$28.4M
-$56.9M
-$113.8M
-$227.5M
-$455.1M
-$910.1M
Owner Earnings
$499.6M
$999.2M
$2.0B
$4.0B
$8.0B
$16.0B
$32.0B
$63.9B
$127.9B
$255.8B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$462.6M
$856.6M
$1.6B
$2.9B
$5.4B
$10.1B
$18.7B
$34.5B
$64.0B
$118.5B
Terminal Value represents 88.7% of Enterprise Value