Loading verified market, valuation, and statement data.
2. Company Fundamentals
2.1 Competitiveness
| Metric |
Value |
| Operating Margins |
0.8% |
| Profit Margins |
3.69% |
| Return on Equity |
3.93% |
| Return on Assets |
-0.22% |
| Free Float |
0.33B |
| Short Int % Utilisation |
4.93% |
2.2 Growth
| Metric |
Value |
| Revenue Growth |
32.2% |
| Free Cash Flow |
0.94B |
| EBITDA |
2238.91 (Ratio) |
| Enterprise Value |
77.55B |
| EV/Revenue |
21.12 |
| EV/EBITDA |
2238.91 |
Revenue growth of 32.2% places the company in a high-growth category.
2.3 Management
| Role |
Metric |
| Consensus Rating |
N/A |
2.4 Return
| Metric |
Value |
| Expected Return (Ann.)* |
152.66% |
| Risk / Std Dev (Ann.)* |
68.71% |
| 1-Year Price Return* |
100.75% |
Latest Market Data (as of 2026-08-14, US Eastern time):
| Metric |
Value |
| Last Price |
$255.46 |
| 52-Week Range |
$98.01 – $292.72 |
| Observation Count |
251 trading days |
The return and risk statistics use daily adjusted closes from the retrieved one-year series and annualise daily moments using 252 trading days. The last price is the latest regular-market price reported for the stated date. Source: Yahoo Finance market data.
2.5 FCFF DCF Valuation
Valuation basis: This research model follows a five-year, unlevered FCFF DCF. It starts from reported annual operating inputs, forecasts revenue and operating cash conversion under an explicit mechanical policy, discounts FCFF at WACC, applies a Gordon-growth terminal value, and bridges enterprise value to an indicative common-equity value per share. It is an analytical estimate rather than a recommendation or personalised target price.
Step 1 — Forecast Operating Profit and NOPAT
| Reported operating input |
Value |
| Revenue |
$3.43B |
| Prior annual revenue |
$2.68B |
| EBIT |
$138.08M |
| Tax rate |
15.18% |
| NOPAT = EBIT × (1 − tax rate) |
$117.12M |
| Forecast start-growth basis |
15.00% |
| Forecast policy |
latest reported annual revenue growth, bounded to -10.00% / 15.00% |
Step 2 — Calculate FCFF
| Current FCFF building block |
Value |
| NOPAT |
$117.12M |
| Add: depreciation & amortisation |
$55.76M |
| Less: capital expenditure |
-$135.42M |
| Less/(add): working-capital cash-flow movement |
$53.49M |
| Current unlevered FCFF |
$90.95M |
Explicit FCFF forecast
| Forecast year |
Revenue growth |
NOPAT |
D&A |
Capex |
Change in NWC |
FCFF |
Present value |
| 1 |
15.00% |
$134.69M |
$64.12M |
-$155.73M |
$61.52M |
$104.59M |
$98.47M |
| 2 |
11.88% |
$150.68M |
$71.73M |
-$148.60M |
$68.82M |
$142.64M |
$119.01M |
| 3 |
8.75% |
$163.87M |
$78.01M |
-$133.74M |
$74.84M |
$182.98M |
$135.30M |
| 4 |
5.62% |
$173.09M |
$82.40M |
-$111.83M |
$79.05M |
$222.71M |
$145.94M |
| 5 |
2.50% |
$177.41M |
$84.46M |
-$84.46M |
$81.03M |
$258.44M |
$150.09M |
Step 3 — Determine the Discount Rate (WACC)
| WACC input |
Value |
| Risk-free rate |
4.71% |
| Equity risk premium assumption |
5.50% |
| Beta |
1.51 |
| Cost of equity |
13.01% |
| Pre-tax cost of debt |
0.71% |
| WACC |
12.84% |
| WACC validation |
within standard range |
Step 4 — Estimate Terminal Value
| Terminal-value input |
Value |
| Perpetuity growth rate |
2.50% |
| Terminal value |
$2.56B |
| Implied terminal EV / EBITDA |
8.73x |
| Terminal value as % of enterprise value |
68.35% |
Step 5 — Discount Cash Flows to Enterprise Value
| Enterprise-value component |
Value |
| Present value of explicit FCFF |
$648.81M |
| Present value of terminal value |
$1.40B |
| Indicated enterprise value |
$2.05B |
| Discounting convention |
mid-year for explicit FCFF; terminal value discounted at year-end five |
Step 6 — Convert Enterprise Value to Equity Value
| Equity bridge |
Value |
| Indicated enterprise value |
$2.05B |
| Less: gross interest-bearing debt |
$1.28B |
| Add: cash and equivalents |
$4.47B |
| Add: affiliate investments |
$0.00 |
| Less: minority interests |
$0.00 |
| Indicated common equity value |
$5.25B |
Step 7 — Calculate Indicative Value Per Share
| Per-share output |
Value |
| Shares used |
363,471,000.00 |
| Share-count basis |
reported diluted weighted-average shares |
| Current market price |
$247.08 |
| DCF indicative value per share |
$14.43 |
| Indicative value vs. market price |
-94.16% |
Model Integrity Checks
| Check |
Result |
| Perpetuity growth is below the risk-free rate |
pass |
| Perpetuity growth is below WACC |
pass |
| WACC is within the configured operating-company range |
pass |
| Terminal-year FCFF is positive |
pass |
| Terminal capex converges to D&A |
pass |
| Terminal-value concentration |
within review band |
| Implied price differs from spot by more than 30% |
review required |
2.6 Investor-Style Research Screen
| Educational screen |
Result |
| Buffett-inspired cash-quality checks |
3/4 evidenced checks |
| Lynch-inspired balance-and-growth checks |
4/4 evidenced checks |