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DexComDXCM -2.02%95 Intrinsic Value: Projected FCF is $26.83 as of Sep. 07, 2026. GuruFocus rates DXCM with a GF Score™ of 95/100 and a GF Value™ of $102.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 414 Medical Devices & Instruments companies, DexCom ranks worse than 79.23% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-09-07), DexCom's Intrinsic Value: Projected FCF is $26.83. The stock price of DexCom is $87.90. Therefore, DexCom's Price-to-Intrinsic-Value-Projected-FCF of today is 3.3.
The historical rank and industry rank for DexCom's Intrinsic Value: Projected FCF or its related term are showing as below:
DXCM'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.42 Med: 14.59 Max: 1095.75
Current: 3.28
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of DexCom was 1095.75. The lowest was 2.42. And the median was 14.59.
DXCM's Price-to-Projected-FCF is ranked worse than 79.23% of 414
companies
in the Medical Devices & Instruments industry
Industry Median: 1.515
vs DXCM: 3.28
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
DexCom's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
87.90
/
26.828669379227
=
3.28
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DexCom Intrinsic Value: Projected FCF Related Terms
DexCom Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for DexCom's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DXCM vs GEHC, STE, ZBH: Intrinsic Value: Projected FCF Comparison
For the Medical Devices subindustry, DexCom's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DexCom Price-to-Projected-FCF vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, DexCom's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where DexCom's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of $26.83 mean?
DexCom (DXCM) has a Intrinsic Value: Projected FCF of $26.83 as of Sep. 07, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on DexCom and its competitors. According to the industry distribution chart, DexCom ranks #328 out of 414 companies in the Medical Devices & Instruments industry, placing it in the top 79.2%.
Is DexCom's Intrinsic Value: Projected FCF too high?
DexCom's current Intrinsic Value: Projected FCF is $26.83. The Medical Devices & Instruments industry median Intrinsic Value: Projected FCF is 1.52. DexCom's value of $26.83 is 1671% above this industry median. Based on the distribution chart, DexCom ranks #328 out of 414 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, DexCom has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DexCom's Intrinsic Value: Projected FCF compare to GEHC and STE?
According to the Medical Devices & Instruments industry distribution chart, DexCom ranks #328 out of 414 companies for Intrinsic Value: Projected FCF. This places DexCom in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.52. DexCom's value of $26.83 is 1671% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Medical Devices & Instruments company?
The median Intrinsic Value: Projected FCF among Medical Devices & Instruments companies is 1.52, based on 414 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DexCom's current Intrinsic Value: Projected FCF of $26.83 is 1671% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on DexCom and its competitors. For the Medical Devices & Instruments industry, the median Intrinsic Value: Projected FCF is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DexCom's current Intrinsic Value: Projected FCF is $26.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DexCom stock overvalued right now?
Based on GuruFocus' analysis, DexCom (DXCM) is currently considered Modestly Undervalued. The stock's GF Value™ is $102.19, compared to a current price of $87.90 — trading 14% below its estimated fair value. The current Intrinsic Value: Projected FCF is $26.83 and 1671% above the Medical Devices & Instruments industry median of 1.52. DexCom's overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For DexCom (DXCM), the current Intrinsic Value: Projected FCF is $26.83 as of Sep. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is DexCom (DXCM) Overvalued in 2026?
Based on GuruFocus' analysis, DexCom stock appears to be undervalued.
The current stock price of $87.90 is trading 14% below its estimated GF Value™ of $102.19.
GuruFocus considers DexCom to be Modestly Undervalued.
Key valuation signals for DXCM:
Intrinsic Value: Projected FCF: $26.83
GF Value™: $102.19 vs. price of $87.90 (14% below fair value)
Industry Position: 1671% above the Medical Devices & Instruments median (#328 of 414)
No single metric tells the full story. See the DXCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DexCom designs and commercializes continuous glucose monitoring systems for diabetic patients. CGM systems serve as an alternative to the traditional blood glucose meter process, and the company is evolving its CGM systems to provide integration with insulin pumps from Insulet and Tandem for automatic insulin delivery. DexCom's CGMs are available through medical equipment distributors as well as retail pharmacies.
95GF Score
Get the complete analysis for DXCM
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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