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 $1,559B
2021 - - (-) P/E Ratio 22 Total Asset $366B
2022 $19B - (-) Net Income $60B Total Debt $59B
2023 $44B 128.5% (97.5%) EBITDA $106B Total Liab $149B
2024 $54B 22.7% (0.6%) Opr Margin 41.44 Debt/Equity 0.27
2025 $46B -14.7% (-30.2%) PreTax Margin 40.86 BV/Share 86
5Y Average FCF $41B 15.0% (22.6%)
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): 10.02% 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%)
2026 $51B MBG Intrinsic Value $247
2027 $58B
2028 $63B
2029 $68B
2030 $72B
2031 $73B
Terminal Value $996B Net Worth/Share $99
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value $835B Growth Rate
(+) Cash & Cash Equivalents $36B $370 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt $59B WACC 8.0% 449 477 511 552 601
Equity Value $813B 9.0% 386 406 430 457 490
Shares Outstanding 2,196,045,588 10.0% 338 353 370 390 412
11.0% 300 312 324 339 355
DCF Intrinsic Value $370 12.0% 270 278 288 299 312
Analyzed by QuantJuice (2025)