Sunbelt Rentals Holdings stock: fair value
SUNBThe fair value of Sunbelt Rentals Holdings under our model is $193.61, the price is 58% below.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $138.30 and expensive above $322.69 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $319.95 (cash-flow model) and $67.28 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $165.60, at 7.8% it would be $235.74.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (20.4).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 3.8%. Discounted at 8.8% (floor: government bond yield 3.8% plus 5 percentage points, since beta 0.8 times the risk premium would give less); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $319.95 per share: free cash flow for the next ten years, each year discounted to today at 8.8%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 8.8%) |
|---|---|---|---|---|
| 2027 | $4.24B | extrapolated at 28.9% | 0.9189 | $3.89B |
| 2028 | $5.14B | extrapolated at 21.4% | 0.8443 | $4.34B |
| 2029 | $5.97B | extrapolated at 16.1% | 0.7758 | $4.63B |
| 2030 | $6.71B | extrapolated at 12.4% | 0.7129 | $4.78B |
| 2031 | $7.37B | extrapolated at 9.8% | 0.6550 | $4.83B |
| 2032 | $7.96B | extrapolated at 8.0% | 0.6019 | $4.79B |
| 2033 | $8.5B | extrapolated at 6.8% | 0.5530 | $4.7B |
| 2034 | $9B | extrapolated at 5.9% | 0.5082 | $4.57B |
| 2035 | $9.48B | extrapolated at 5.3% | 0.4669 | $4.42B |
| 2036 | $9.93B | extrapolated at 4.8% | 0.4291 | $4.26B |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $45.22B |
| Terminal value: cash flow 2036 × (1 + 3.8%) / (8.8% − 3.8%) | $206.29B |
| Present value of terminal value (× 0.4291) | $88.51B |
| Equity value (sum plus present value of terminal value) | $133.73B |
| Shares (diluted) | 417.98M |
| Value per share (equity value divided by shares) | $319.95 |
| Earnings per share, last twelve months | $3.30 |
| × 20.4 (industry P/E) | $67.28 |
| Fair value (average of both parts) | $193.61 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Apr 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 28 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.