WallStSmart
DOW

Dow Inc

NYSE: DOW · BASIC MATERIALS · CHEMICALS

$39.55
+4.05% today

Updated 2026-04-29

Market cap
$28.51B
P/E ratio
P/S ratio
0.73x
EPS (TTM)
$-4.00
Dividend yield
4.60%
52W range
$20 – $43
Volume
14.9M

Dow Inc (DOW) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for DOW.

WallStSmart Verdict
Overvalued

Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.

Smart Value Score: 38 / 100
P/E (TTM)
Not meaningful for this profile
PEG
38.89
Elevated vs growth
Margin of Safety
+51.62%
Fair value $70.28 vs $39.55
EV / EBITDA
37.5x

DOW historical valuation range

Where current P/E sits in DOW's own 5Y range.

NOW
5.7x
5Y Low
7.3x
25th
17.9x
Median
33.2x
75th
87.3x
5Y High
DOW is trading cheaper than 100% of the last 5Y.
0th percentile · Historically cheap

DOW intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$39.55
Market value
Intrinsic value
$70.28
DCF estimate
Margin of safety
+51.62%
+77.7% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

DOW valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

PEG above 2.0
PEG of 38.89 suggests price is running ahead of growth rate. Caution warranted.
Strong margin of safety
Current price 51.6% below DCF intrinsic value estimate. Meaningful downside cushion.
Weak financial quality
Piotroski F-Score of 2/9 suggests deteriorating fundamentals. Valuation requires closer scrutiny.

P/E Ratio — History

P/S Ratio — History

Current: 0.72x

Is DOW overvalued in 2026?

Dow Inc (DOW) currently trades at $39.55 per share with a market capitalization of $28,505,324,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 38/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

DOW currently has no meaningful P/E ratio, which typically signals that the company is unprofitable, near breakeven, or emerging from a loss-making period. With a P/S ratio of 0.7x, the market is valuing the company primarily on its revenue rather than its earnings.

Looking at its own history, DOW is currently trading cheaper than 100% of the last 5Y on P/E. This places it in the 0th percentile of its historical range, a level that has historically coincided with attractive entry points.

Our discounted cash flow model estimates DOW's intrinsic value at $70.28 per share, against the current market price of $39.55. This implies a margin of safety of +51.62%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.

Financial quality is a concern. The Piotroski F-Score of 2/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.

Bottom line: DOW appears richly valued on our framework, with a Smart Value Score of 38/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.

Frequently asked questions

Is DOW overvalued in 2026?

Based on a Smart Value Score of 38/100, DOW appears overvalued. Current price exceeds what fundamentals currently justify.

What is DOW's fair value?

Our DCF model estimates DOW's intrinsic value at $70.28 per share, versus the current price of $39.55. This produces a margin of safety of +51.62%.

What P/E ratio does DOW trade at?

DOW does not have a meaningful P/E ratio at this time, typically a sign of unprofitability or an ongoing earnings transition.

Is DOW a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 38/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.

How does DOW's valuation compare to its history?

On P/E, DOW currently sits in the 0th percentile of its own 5Y range. That is historically cheap relative to where it has traded over the period.

What is DOW's Smart Value Score?

DOW's Smart Value Score is 38/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.