How Each Value Is Built
The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.
EPV + Growth
586.64M USD
what the normal year's earnings are worth for ever, plus growth that pays
Profit
1.17B USD
15 years of cash the shareholders can take out, and the equity left at year 15
FCFF
301.64M USD
15 years of cash for shareholders and lenders, less what is owed
Intrinsic Value
684.61M USD
the plain average of the three, uncapped, as the screener averages them
Intrinsic Value
684.61M USD
from the sum above
Market Cap
523.04M USD
today's price times the shares
Intrinsic Value ÷ Market Cap
1.31×
the ratio the screener ranks by; Margin of Safety +23.6% (1 − Market Cap ÷ Intrinsic Value)
Each card below builds one of the three values from the reported years.
EPV of the Operations (NOPAT over WACC)
175.16M USD
Net cash today
+62.93M USD
Growth Value
+348.55M USD
Value
586.64M USD
①EPV (earnings power value)
175.16M USD②Net Cash Today
62.93M USD③Growth Value
348.55M USDMarket value
Today's price times the shares.
Value vs market
1 minus the market cap as a share of the value.
①Present Value of the 15 Years of FCFE
895.26M USD②Equity at Year 15, Today
270.28M USDMarket value
Today's price times the shares.
Value vs market
1 minus the market cap as a share of the value.
The projection was not made (a change in working capital above half the operating profit in the latest three years), so the value is the book value today, 301.64M USD, as the screener leaves it.
①Present Value of the 15 Years of FCFF
Not in the value②Invested Capital at Year 15, Today
Not in the value③Net Cash Today
Not in the valueMarket value
Today's price times the shares.
Value vs market
1 minus the market cap as a share of the value.
The Rates and the Capital the Values Read
The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.
The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.
The tax the interest saves.
The interest the company paid: EBIT is the profit before tax plus the interest.
What the lenders are paid a year after the tax the interest saves.
The part of the capital the lenders put in, at market value.
Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.
Total Assets 453.78M USD − Total Liabilities 152.13M USD = Book Value Today 301.64M USD
Total Debt 29.99M USD − Cash and Short-Term Investments 92.93M USD = Net Debt Today -62.93M USD
The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.
Market Data
The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.
Share price
5 USD
Enterprise value
669.43M USD
market cap plus net debt
EV / EBITDA
4.00×
Price / book
1.75×
the provider's book
Price / earnings
4.50×
Return on equity
49.9%
the provider's, not the engine's
Profit margin
26.5%
Revenue growth
-8.3%
Analyst target, mean
13 USD
Analysts
4
opinions in the consensus
Financial Statements
The income statement, the balance sheet and the cash flow the screener holds, year by year, in USD.