Intrinsic Valuation of: CG
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 1 Market Cap $17B
2021 - - (-) P/E Ratio 33 Total Asset $29B
2022 $-1B - (-) Net Income $809M Total Debt $0
2023 $138M 113.3% (133.8%) EBITDA - Total Liab $22B
2024 $-837M -705.4% (-335.6%) Opr Margin - Debt/Equity -
2025 $-3B -303.1% (-326.9%) PreTax Margin - BV/Share 15
5Y Average FCF $-1B 3.5% (-176.2%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 2.48% Historical US Bond Yield: 4.40%
Discount Rate (WACC): 13.86% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (3.5%)
2026 $143M MBG Intrinsic Value $13
2027 $148M
2028 $152M
2029 $157M
2030 $161M
2031 $165M
Terminal Value $1B Net Worth/Share $20
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value $1B Growth Rate
(+) Cash & Cash Equivalents $3B $12 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt $0 WACC 11.9% 13 13 13 13 14
Equity Value $4B 12.4% 13 13 13 13 13
Shares Outstanding 359,974,427 12.9% 13 13 13 13 13
13.5% 12 12 13 13 13
DCF Intrinsic Value $12 14.0% 12 12 12 13 13
Analyzed by QuantJuice (2025)