Microsoft Valuation. 21st Of February 2023

Microsoft's intrinsic value is 1.2 trillion USD, according to my estimates and  calculations. 

Microsoft's current market capitalisation currently stands at 1.92 trillion USD on the Nasdaq.

I think Microsoft, being a mature company, yes in the hot technology sector, but still a large, developed company does not make enough in net income and revenue a year to support a 1.92 trillion USD valuation/market capitalization.

Market participants seem to be extrapolating that Microsoft is going to grow its revenue by 12 % a year, year on year, for the next 10 years + and keep or slightly increase its stellar net profit margin of circa 30 % currently.

In the current tenuous political and economic environment, the above assumption is simply unrealistic, I think.