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
211.01B USD
what the normal year's earnings are worth for ever, plus growth that pays
Profit
25.25B USD
15 years of cash the shareholders can take out, and the equity left at year 15
FCFF
66.60B USD
15 years of cash for shareholders and lenders, less what is owed
Intrinsic Value
100.95B USD
the plain average of the three, uncapped, as the screener averages them
Intrinsic Value
100.95B USD
from the sum above
Market Cap
8.01B USD
today's price times the shares
Intrinsic Value ÷ Market Cap
12.60×
the ratio the screener ranks by; Margin of Safety +92.1% (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)
269.15B USD
Net debt today
-58.14B USD
Growth Value
0 USD
Value
211.01B USD
①EPV (earnings power value)
269.15B USD②Net Debt Today
58.14B 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.
The projection was not made (a profit at or below zero in the latest three years), so the value is the book value today, 25.25B USD, as the screener leaves it.
①Present Value of the 15 Years of FCFE
Not in the value②Equity at Year 15, 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.
①Present Value of the 15 Years of FCFF
17.39B USD②Invested Capital at Year 15, Today
107.35B USD③Net Debt Today
58.14B 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 613.82M USD on a pretax income of -12.08B 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 141.87B USD − Total Liabilities 116.63B USD = Book Value Today 25.25B USD
Total Debt 80.95B USD − Cash and Short-Term Investments 22.82B USD = Net Debt Today 58.14B 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
25 USD
Enterprise value
60.04B USD
market cap plus net debt
EV / EBITDA
9.66×
Price / book
0.35×
the provider's book
Price / earnings
7.55×
Return on equity
5.0%
the provider's, not the engine's
Profit margin
1.6%
Revenue growth
9.4%
Analyst target, mean
39 USD
Analysts
18
opinions in the consensus
Financial Statements
The income statement, the balance sheet and the cash flow the screener holds, year by year, in USD.