Intrinsic Valuation of: HOLX
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 2 Market Cap $17B
2021 - - (-) P/E Ratio 32 Total Asset $9B
2022 $2B - (-) Net Income $566M Total Debt $3B
2023 $901M -54.9% (-45.6%) EBITDA $1B Total Liab $4B
2024 $1B 27.1% (27.1%) Opr Margin 19.15 Debt/Equity 0.50
2025 $905M -21.0% (-22.3%) PreTax Margin 16.30 BV/Share 4
5Y Average FCF $1B -2.0% (-13.6%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 1.00% Historical US Bond Yield: 4.40%
Discount Rate (WACC): 7.00% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (-2.0%)
2026 $984M MBG Intrinsic Value $22
2027 $971M
2028 $963M
2029 $961M
2030 $965M
2031 $974M
Terminal Value $16B Net Worth/Share $23
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value $16B Growth Rate
(+) Cash & Cash Equivalents $2B $67 1.0% 1.2% 1.5% 1.8% 2.0%
(-) Total Debt $3B WACC 6.5% 74 76 79 83 86
Equity Value $15B 7.1% 66 68 70 73 76
Shares Outstanding 223,244,905 7.8% 60 61 63 65 67
8.4% 54 56 57 59 60
DCF Intrinsic Value $67 9.0% 50 51 52 54 55
Analyzed by QuantJuice (2025)