| Intrinsic Valuation of: LBRDK | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | -16 | Market Cap | $7B | |||||
| 2022 | - | - (-) | P/E Ratio | - | Total Asset | $9B | |||||
| 2023 | $-237M | - (-) | Net Income | $-3B | Total Debt | $790M | |||||
| 2024 | $-261M | -10.1% (-%) | EBITDA | $-3B | Total Liab | $3B | |||||
| 2025 | $-174M | 33.3% (-%) | Opr Margin | - | Debt/Equity | 0.14 | |||||
| 2026 | $-327M | -87.9% (-%) | PreTax Margin | - | BV/Share | 46 | |||||
| 5Y Average FCF | $-250M | -21.6% (-%) | |||||||||
| 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 (4.0%) | ||||||||||
| 2027 | $-260M | MBG Intrinsic Value | $-146 | ||||||||
| 2028 | $-270M | ||||||||||
| 2029 | $-281M | ||||||||||
| 2030 | $-292M | ||||||||||
| 2031 | $-304M | ||||||||||
| 2032 | $-316M | ||||||||||
| Terminal Value | $-7B | Net Worth/Share | $46 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $-6B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $57M | $-51 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $790M | WACC | 7.3% | -45 | -48 | -52 | -56 | -61 | |||
| Equity Value | $-6B | 7.4% | -45 | -48 | -51 | -55 | -61 | ||||
| Shares Outstanding | 124,856,052 | 7.4% | -45 | -48 | -51 | -55 | -60 | ||||
| 7.9% | -42 | -44 | -47 | -50 | -54 | ||||||
| DCF Intrinsic Value | $-51 | 8.4% | -39 | -41 | -43 | -46 | -49 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||