| Intrinsic Valuation of: NVDA | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 3 | Market Cap | $3,853B | |||||
| 2021 | - | - (-) | P/E Ratio | 51 | Total Asset | $112B | |||||
| 2022 | $8B | - (-) | Net Income | $73B | Total Debt | $8B | |||||
| 2023 | $4B | -53.2% (-53.3%) | EBITDA | $86B | Total Liab | $32B | |||||
| 2024 | $27B | 609.6% (214.2%) | Opr Margin | 0.62 | Debt/Equity | 0.11 | |||||
| 2025 | $61B | 125.2% (5.1%) | PreTax Margin | 62.23 | BV/Share | 3 | |||||
| 5Y Average FCF | $25B | 227.2% (55.3%) | |||||||||
| 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 | $76B | MBG Intrinsic Value | $27 | ||||||||
| 2027 | $95B | ||||||||||
| 2028 | $119B | ||||||||||
| 2029 | $149B | ||||||||||
| 2030 | $186B | ||||||||||
| 2031 | $232B | ||||||||||
| Terminal Value | $4,826B | Net Worth/Share | $3 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $3,781B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $9B | $155 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $8B | WACC | 7.3% | 135 | 146 | 159 | 175 | 195 | |||
| Equity Value | $3,781B | 7.4% | 134 | 144 | 157 | 172 | 192 | ||||
| Shares Outstanding | 24,387,600,384 | 7.4% | 132 | 143 | 155 | 170 | 189 | ||||
| 7.9% | 121 | 129 | 139 | 152 | 167 | ||||||
| DCF Intrinsic Value | $155 | 8.4% | 111 | 118 | 127 | 136 | 148 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||