Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.

SLM — Fair Value Analysis

SLM Corp

Current: $22.80Undervalued

Fair Value Range

Bear Case (25th pct.)

$27.72

21.6% vs price

Base Case (Median)

$32.31

41.7% vs price

Bull Case (75th pct.)

$37.80

65.8% vs price

$27.72$32.31$37.80

◇ = Current price | | Bear | Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$23.13	1.4%	High (40%)
PE Comparable	$43.28	89.8%	Medium (25%)
Graham Number	$32.31	41.7%	High (80%)

Interpretation

Based on 3 out of 8 methods, SLM appears undervalued at the current price of $22.80. The base case fair value of $32.31 implies 41.7% upside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.