| Intrinsic Valuation of: META | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 28 | Market Cap | $1,856B | |||||
| 2021 | - | - (-) | P/E Ratio | 27 | Total Asset | $276B | |||||
| 2022 | $39B | - (-) | Net Income | $62B | Total Debt | $29B | |||||
| 2023 | $19B | -50.5% (-50.0%) | EBITDA | $87B | Total Liab | $93B | |||||
| 2024 | $44B | 128.5% (97.5%) | Opr Margin | 0.42 | Debt/Equity | 0.16 | |||||
| 2025 | $54B | 22.7% (0.6%) | PreTax Margin | 41.74 | BV/Share | 74 | |||||
| 5Y Average FCF | $39B | 33.5% (16.0%) | |||||||||
| 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 (25.0%) | ||||||||||
| 2026 | $68B | MBG Intrinsic Value | $247 | ||||||||
| 2027 | $84B | ||||||||||
| 2028 | $106B | ||||||||||
| 2029 | $132B | ||||||||||
| 2030 | $165B | ||||||||||
| 2031 | $206B | ||||||||||
| Terminal Value | $4,289B | Net Worth/Share | $84 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $3,360B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $44B | $1,556 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $29B | WACC | 7.3% | 1,354 | 1,461 | 1,591 | 1,750 | 1,952 | |||
| Equity Value | $3,375B | 7.4% | 1,341 | 1,446 | 1,573 | 1,729 | 1,925 | ||||
| Shares Outstanding | 2,168,960,000 | 7.4% | 1,329 | 1,432 | 1,556 | 1,708 | 1,899 | ||||
| 7.9% | 1,215 | 1,300 | 1,401 | 1,522 | 1,671 | ||||||
| DCF Intrinsic Value | $1,556 | 8.4% | 1,117 | 1,189 | 1,272 | 1,370 | 1,489 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||