| Intrinsic Valuation of: GEHC | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 5 | Market Cap | $35B | |||||
| 2021 | - | - (-) | P/E Ratio | 16 | Total Asset | $33B | |||||
| 2022 | $1B | - (-) | Net Income | $2B | Total Debt | $7B | |||||
| 2023 | $2B | 32.7% (27.2%) | EBITDA | $4B | Total Liab | $24B | |||||
| 2024 | $2B | -4.9% (-10.8%) | Opr Margin | 0.13 | Debt/Equity | 0.86 | |||||
| 2025 | $2B | -9.6% (-10.1%) | PreTax Margin | 10.78 | BV/Share | -13 | |||||
| 5Y Average FCF | $2B | 6.1% (2.1%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (6.1%) | ||||||||||
| 2026 | $2B | MBG Intrinsic Value | $43 | ||||||||
| 2027 | $2B | ||||||||||
| 2028 | $2B | ||||||||||
| 2029 | $2B | ||||||||||
| 2030 | $2B | ||||||||||
| 2031 | $2B | ||||||||||
| Terminal Value | $46B | Net Worth/Share | $19 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $39B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $3B | $75 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $7B | WACC | 7.3% | 64 | 70 | 76 | 84 | 95 | |||
| Equity Value | $34B | 7.4% | 64 | 69 | 75 | 83 | 93 | ||||
| Shares Outstanding | 457,884,992 | 7.4% | 63 | 68 | 75 | 82 | 92 | ||||
| 7.9% | 57 | 62 | 67 | 73 | 80 | ||||||
| DCF Intrinsic Value | $75 | 8.4% | 52 | 56 | 60 | 65 | 71 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||