| Intrinsic Valuation of: GEHC | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 4 | Market Cap | $28B | |||||
| 2021 | - | - (-) | P/E Ratio | 15 | Total Asset | $37B | |||||
| 2022 | $2B | - (-) | Net Income | $2B | Total Debt | $9B | |||||
| 2023 | $2B | -4.9% (-10.8%) | EBITDA | $4B | Total Liab | $26B | |||||
| 2024 | $2B | -9.6% (-10.1%) | Opr Margin | 13.39 | Debt/Equity | 0.90 | |||||
| 2025 | $2B | -2.9% (-7.4%) | PreTax Margin | 11.26 | BV/Share | -9 | |||||
| 5Y Average FCF | $2B | 3.5% (-9.4%) | |||||||||
| 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): | 7.21% | 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 | $2B | MBG Intrinsic Value | $37 | ||||||||
| 2027 | $2B | ||||||||||
| 2028 | $2B | ||||||||||
| 2029 | $2B | ||||||||||
| 2030 | $2B | ||||||||||
| 2031 | $2B | ||||||||||
| Terminal Value | $40B | Net Worth/Share | $23 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $34B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $4B | $65 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $9B | WACC | 6.5% | 63 | 70 | 78 | 89 | 102 | |||
| Equity Value | $29B | 7.2% | 54 | 59 | 65 | 72 | 82 | ||||
| Shares Outstanding | 454,891,786 | 7.8% | 48 | 51 | 56 | 61 | 68 | ||||
| 8.5% | 42 | 45 | 48 | 52 | 57 | ||||||
| DCF Intrinsic Value | $65 | 9.2% | 37 | 39 | 42 | 45 | 49 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||