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
1.16B USD
what the normal year's earnings are worth for ever, plus growth that pays
Profit
733.11M USD
15 years of cash the shareholders can take out, and the equity left at year 15
FCFF
2.01B USD
15 years of cash for shareholders and lenders, less what is owed
Intrinsic Value
1.30B USD
the plain average of the three, uncapped, as the screener averages them
Intrinsic Value
1.30B USD
from the sum above
Market Cap
23.06B USD
today's price times the shares
Intrinsic Value ÷ Market Cap
0.06×
the ratio the screener ranks by; Margin of Safety -1673.3% (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)
790.98M USD
Net cash today
+285.82M USD
Growth Value
+85.24M USD
Value
1.16B USD
①EPV (earnings power value)
790.98M USD②Net Cash Today
285.82M USD③Growth Value
85.24M 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
454.19M USD②Equity at Year 15, Today
278.92M 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
1.49B USD②Invested Capital at Year 15, Today
231.63M USD③Net Cash Today
285.82M 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.
Tax Rate for WACC 25.00% (default): the statements print a tax provision of 25.21M USD on a pretax income of -29.05M USD, which gives no rate between 0 and the profit before tax, so the 25% default stands for 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 2.15B USD − Total Liabilities 606.60M USD = Book Value Today 1.54B USD
Total Debt 377.87M USD − Cash and Short-Term Investments 663.69M USD = Net Debt Today -285.82M 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
302 USD
Enterprise value
22.81B USD
market cap plus net debt
EV / EBITDA
82.55×
Price / book
14.95×
the provider's book
Price / earnings
96.06×
Return on equity
17.2%
the provider's, not the engine's
Profit margin
20.7%
Revenue growth
35.8%
Analyst target, mean
396 USD
Analysts
15
opinions in the consensus
Financial Statements
The income statement, the balance sheet and the cash flow the screener holds, year by year, in USD.