Loading verified market, valuation, and statement data.
2. Company Fundamentals
2.1 Competitiveness
| Metric |
Value |
| Operating Margins |
14.34% |
| Profit Margins |
23.12% |
| Return on Equity |
25.35% |
| Return on Assets |
4.88% |
| Free Float |
0.27B |
| Dividend Yield |
3.76% |
2.2 Growth
| Metric |
Value |
| Revenue Growth |
16.7% |
| Free Cash Flow |
0.37B |
| EBITDA |
13.76 (Ratio) |
| Enterprise Value |
18.67B |
| EV/Revenue |
2.63 |
| EV/EBITDA |
13.76 |
Revenue growth of 16.7% indicates steady, moderate expansion.
2.3 Management
| Role |
Metric |
| Consensus Rating |
N/A |
2.4 Return
| Metric |
Value |
| Expected Return (Ann.)* |
-15.44% |
| Risk / Std Dev (Ann.)* |
29.99% |
| 1-Year Price Return* |
-19.03% |
Latest Market Data (as of 2026-08-14, US Eastern time):
| Metric |
Value |
| Last Price |
$54.67 |
| 52-Week Range |
$44.82 – $72.58 |
| 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 |
$6.84B |
| Prior annual revenue |
$6.72B |
| EBIT |
$1.11B |
| Tax rate |
21.40% |
| NOPAT = EBIT × (1 − tax rate) |
$871.83M |
| Forecast start-growth basis |
1.73% |
| Forecast policy |
latest reported annual revenue growth, bounded to -10.00% / 15.00% |
Step 2 — Calculate FCFF
| Current FCFF building block |
Value |
| NOPAT |
$871.83M |
| Add: depreciation & amortisation |
$231.30M |
| Less: capital expenditure |
-$221.80M |
| Less/(add): working-capital cash-flow movement |
-$83.80M |
| Current unlevered FCFF |
$797.53M |
Explicit FCFF forecast
| Forecast year |
Revenue growth |
NOPAT |
D&A |
Capex |
Change in NWC |
FCFF |
Present value |
| 1 |
1.73% |
$886.95M |
$235.31M |
-$225.65M |
-$85.25M |
$811.36M |
$783.78M |
| 2 |
1.93% |
$904.03M |
$239.84M |
-$232.45M |
-$86.89M |
$824.52M |
$743.26M |
| 3 |
2.12% |
$923.17M |
$244.92M |
-$239.89M |
-$88.73M |
$839.46M |
$706.16M |
| 4 |
2.31% |
$944.48M |
$250.57M |
-$248.00M |
-$90.78M |
$856.27M |
$672.16M |
| 5 |
2.50% |
$968.09M |
$256.84M |
-$256.84M |
-$93.05M |
$875.04M |
$640.99M |
Step 3 — Determine the Discount Rate (WACC)
| WACC input |
Value |
| Risk-free rate |
4.71% |
| Equity risk premium assumption |
5.50% |
| Beta |
0.63 |
| Cost of equity |
8.16% |
| Pre-tax cost of debt |
4.52% |
| WACC |
7.16% |
| WACC validation |
within standard range |
Step 4 — Estimate Terminal Value
| Terminal-value input |
Value |
| Perpetuity growth rate |
2.50% |
| Terminal value |
$19.24B |
| Implied terminal EV / EBITDA |
12.93x |
| Terminal value as % of enterprise value |
79.33% |
Step 5 — Discount Cash Flows to Enterprise Value
| Enterprise-value component |
Value |
| Present value of explicit FCFF |
$3.55B |
| Present value of terminal value |
$13.61B |
| Indicated enterprise value |
$17.16B |
| 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 |
$17.16B |
| Less: gross interest-bearing debt |
$4.16B |
| Add: cash and equivalents |
$95.90M |
| Add: affiliate investments |
$0.00 |
| Less: minority interests |
$31.60M |
| Indicated common equity value |
$13.06B |
Step 7 — Calculate Indicative Value Per Share
| Per-share output |
Value |
| Shares used |
269,400,000.00 |
| Share-count basis |
reported diluted weighted-average shares |
| Current market price |
$55.91 |
| DCF indicative value per share |
$48.48 |
| Indicative value vs. market price |
-13.28% |
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% |
within review band |
2.6 Investor-Style Research Screen
| Educational screen |
Result |
| Buffett-inspired cash-quality checks |
3/4 evidenced checks |
| Lynch-inspired balance-and-growth checks |
3/4 evidenced checks |