Intrinsic Valuation of: MDB
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) -1 Market Cap $25B
2022 - - (-) P/E Ratio - Total Asset $4B
2023 $-20M - (-) Net Income $-71M Total Debt $0
2024 $115M 670.9% (535.6%) EBITDA $-15M Total Liab $806M
2025 $121M 4.5% (-12.3%) Opr Margin -5.56 Debt/Equity -
2026 $500M 314.6% (237.6%) PreTax Margin -5.69 BV/Share 34
5Y Average FCF $179M 15.0% (253.6%)
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): 11.65% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (15.0%)
2027 $487M MBG Intrinsic Value $-8
2028 $548M
2029 $603M
2030 $648M
2031 $680M
2032 $697M
Terminal Value $8B Net Worth/Share $37
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value $6B Growth Rate
(+) Cash & Cash Equivalents $1B $94 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt $0 WACC 9.7% 108 113 118 123 130
Equity Value $8B 10.7% 98 101 105 109 114
Shares Outstanding 80,369,527 11.7% 89 92 94 98 101
12.7% 82 84 86 89 91
DCF Intrinsic Value $94 13.7% 76 78 79 81 84
Analyzed by QuantJuice (2025)