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
1.97B USD
what the normal year's earnings are worth for ever, plus growth that pays
Profit
1.97B USD
15 years of cash the shareholders can take out, and the equity left at year 15
FCFF
2.93B USD
15 years of cash for shareholders and lenders, less what is owed
Intrinsic Value
2.29B USD
the plain average of the three, uncapped, as the screener averages them
Intrinsic Value
2.29B USD
from the sum above
Market Cap
4.02B USD
today's price times the shares
Intrinsic Value ÷ Market Cap
0.57×
the ratio the screener ranks by; Margin of Safety -75.7% (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)
1.51B USD
Net cash today
+454.90M USD
Growth Value
0 USD
Value
1.97B USD
①EPV (earnings power value)
1.51B USD②Net Cash Today
454.90M 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
1.44B USD②Equity at Year 15, Today
525.06M 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
2.01B USD②Invested Capital at Year 15, Today
465.91M USD③Net Cash Today
454.90M 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 1.89B USD − Total Liabilities 203.97M USD = Book Value Today 1.69B USD
Total Debt 16.88M USD − Cash and Short-Term Investments 471.78M USD = Net Debt Today -454.90M 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
88 USD
Enterprise value
3.57B USD
market cap plus net debt
EV / EBITDA
13.86×
Price / book
2.40×
the provider's book
Price / earnings
21.12×
Return on equity
11.5%
the provider's, not the engine's
Profit margin
32.2%
Revenue growth
-11.4%
Analyst target, mean
114 USD
Analysts
9
opinions in the consensus
Financial Statements
The income statement, the balance sheet and the cash flow the screener holds, year by year, in USD.