What is Alphabet Inc. (Class C) (GOOG) DCF Fair Value and Intrinsic Value in 2026?

Alphabet Inc. (Class C) (GOOG) intrinsic value is calculated using conservative multi-stage Discounted Cash Flow (DCF) models, 5-year free cash flow trajectories, Graham Numbers, and owner earnings multiples. LocalAlpha tracks real-time margin of safety against live market prices.

What is Alphabet Inc. (Class C)'s historical Return on Invested Capital (ROIC) and Moat Rating?

Alphabet Inc. (Class C) operates in the Communication Services sector (Internet Content & Information) with an economic moat rating of WIDE. LocalAlpha tracks 5-year audited quarterly ROIC, operating margin stability, and balance sheet solvency ratios.

What is Alphabet Inc. (Class C)'s financial health rating and Piotroski F-Score?

Alphabet Inc. (Class C)'s balance sheet quality is evaluated using the 9-point Piotroski F-Score, Altman Z-Score solvency model, debt-to-equity ratio, and quick/current liquidity coverage to guard against financial distress.

How does LocalAlpha monitor Alphabet Inc. (Class C) (GOOG) for quarterly SEC filing thesis breaks?

LocalAlpha audits Alphabet Inc. (Class C)'s 10-K, 10-Q, and 8-K regulatory filings on SEC EDGAR within 15 minutes of release. If reported metrics breach an investor's custom ROIC floor, operating margin boundary, or qualitative risk criteria, an autonomous breach audit is dispatched immediately.

StocksGOOG

GOOG

Alphabet Inc.Communication Services / Internet Content & InformationINTACT

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in Google Play and YouTube; and devices, as well as the provision of YouTube consumer subscription services, such as YouTube TV, YouTube Music and Premium, NFL Sunday Ticket, and Google One. The Google Cloud segment offers consumption-based fees and subscriptions for AI solutions, including AI infrastructure, Vertex AI platform, and Gemini enterprise. It also provides cybersecurity, and data and analytics services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet; and other enterprise services. The Other Bets segment sells transportation and internet services. Alphabet Inc. was incorporated in 1998 and is headquartered in Mountain View, California.

Share Price

$335.31

52W: $233.38 - $404.47

DCF Fair Value

$147.92

-126.7% Premium

Thesis Hub

P/E (TTM)

16.8x

ROIC

25.5%

Operating Margin

34%

FCF Yield

0.6%

Debt / Equity

0.19x

Piotroski Score

7/9

Altman Z-Score

3.04

Market Cap

$4100.8B

Price vs. Intrinsic Value Corridor

Overvalued vs DCF ($147.92)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)

—()

Period Range

$— - $—

DCF Fair Value

$147.92

MOS Buy Target (-25%)

$110.94

Valuation Overlays: DCF Fair Value ($147.92) 25% MOS Buy Target ($110.94) Revised Graham ($620.84) Graham Number ($151.04)

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price

$335.31

DCF Fair Value

$147.93

-126.7% Premium

Starting Free Cash Flow ($M)$22,665M

$100M$22,665M (Reported)$56,663M

Stage 1 Growth (Years 1-5)17.0%

-5%10% (Target)35%

Stage 2 Growth (Years 6-10)4.5%

0%5%20%

Discount Rate (WACC / Hurdle)9.0%

6%9% (Standard)15% (High Risk)

Terminal Perpetual Growth2.5%

1% (GDP Floor)2.5% (Inflation)4.0%

Net Debt ($M)-$121,700M (Net Cash)

-$100B CashBalance Sheet+$150B Debt

10-Yr PV of Cash Flows

$283.4B

PV of Terminal Value

$412.5B

Implied Enterprise Value

$695.9B

Implied Equity Value

$817.6B

Year	Yr 1	Yr 2	Yr 3	Yr 4	Yr 5	Yr 6	Yr 7	Yr 8	Yr 9	Yr 10
Projected FCF ($M)	$26,518	$31,026	$36,301	$42,472	$49,692	$51,928	$54,265	$56,707	$59,258	$61,925
Present Value (PV)	$24,328	$26,114	$28,031	$30,088	$32,296	$30,963	$29,685	$28,459	$27,284	$26,158

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-122% Premium

$151.04

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $19.92BVPS: $50.90

Revised Graham Formula+46% MoS

$620.84

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Growth Rate (g%)

Bond Yield (Y%)

Buffett Owner Earnings1.2% Yield

$3.90 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $21.5BYield: 1.2%

Reverse DCF: Market Growth Expectation

SPECULATIVE BARRIER

24.5% CAGR (Next 10 Yrs)

At the current price of $335.31, the market is assuming the business will compound Free Cash Flow at 24.5% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict

⚠ High expectations: Leaves minimal margin of safety for operational hiccups.

Autonomous Thesis Underwriting

Surveil GOOG with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Alphabet Inc.. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 34% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

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Frequently Asked Questions: Alphabet Inc. (GOOG) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Alphabet Inc..

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Alphabet Inc. has an estimated DCF intrinsic fair value of $147.92 per share compared to its current market price of $335.31. This represents an estimated 126.7% premium over fair value. Additionally, its classic Benjamin Graham Number stands at $151.04.