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
1.30B USD
what the normal year's earnings are worth for ever, plus growth that pays
Profit
651.12M USD
15 years of cash the shareholders can take out, and the equity left at year 15
FCFF
1.00B USD
15 years of cash for shareholders and lenders, less what is owed
Intrinsic Value
982.91M USD
the plain average of the three, uncapped, as the screener averages them
Intrinsic Value
982.91M USD
from the sum above
Market Cap
918.83M USD
today's price times the shares
Intrinsic Value ÷ Market Cap
1.07×
the ratio the screener ranks by; Margin of Safety +6.5% (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)
1.30B USD
Net debt today
0 USD
Growth Value
0 USD
Value
1.30B USD
①EPV (earnings power value)
1.30B USD②Net Debt Today
0 USD③Growth Value
0 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
404.53M USD②Equity at Year 15, Today
246.59M 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 FCFF
761.05M USD②Invested Capital at Year 15, Today
239.55M USD③Net Debt Today
0 USDMarket 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.
No interest is read: it needs debt and an EBIT above the profit before tax, the gap between them being the interest. Without it the cost of debt takes the 4% default.
Cost of Debt 4.00% (default): with no debt or no interest read, the 4% default after tax stands for what the lenders are paid a year.
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 3.61B USD − Total Liabilities 3.07B USD = Book Value Today 539.64M USD
Net debt today 0: a bank's debt is the money it lends on, not how the business is financed.
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
49 USD
Enterprise value
329.25M USD
market cap plus net debt
EV / EBITDA
—
Price / book
1.70×
the provider's book
Price / earnings
15.31×
Return on equity
11.4%
the provider's, not the engine's
Profit margin
31.7%
Revenue growth
37.4%
Analyst target, mean
50 USD
Analysts
1
opinions in the consensus
Financial Statements
The income statement, the balance sheet and the cash flow the screener holds, year by year, in USD.