Intrinsic Valuation of: MNDY
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 2 Market Cap $4B
2021 - - (-) P/E Ratio 31 Total Asset $2B
2022 $8M - (-) Net Income $119M Total Debt $0
2023 $205M 2418.7% (1691.5%) EBITDA $12M Total Liab $860M
2024 $296M 44.3% (8.4%) Opr Margin -0.14 Debt/Equity -
2025 $310M 4.8% (-17.4%) PreTax Margin -0.14 BV/Share 24
5Y Average FCF $205M 15.0% (560.8%)
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): 9.85% 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 $320M MBG Intrinsic Value $21
2027 $360M
2028 $396M
2029 $426M
2030 $447M
2031 $458M
Terminal Value $6B Net Worth/Share $24
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value $5B Growth Rate
(+) Cash & Cash Equivalents $2B $134 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt $0 WACC 7.8% 156 164 174 186 200
Equity Value $7B 8.8% 138 144 151 159 168
Shares Outstanding 51,160,822 9.8% 125 129 134 139 146
10.8% 114 117 121 125 130
DCF Intrinsic Value $134 11.8% 106 108 111 114 118
Analyzed by QuantJuice (2025)