| Intrinsic Valuation of: ROP | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 14 | Market Cap | $57B | |||||
| 2021 | - | - (-) | P/E Ratio | 37 | Total Asset | $31B | |||||
| 2022 | $2B | - (-) | Net Income | $2B | Total Debt | $7B | |||||
| 2023 | $664M | -66.0% (-69.4%) | EBITDA | $3B | Total Liab | $12B | |||||
| 2024 | $2B | 190.1% (152.2%) | Opr Margin | 0.28 | Debt/Equity | 0.35 | |||||
| 2025 | $2B | 18.4% (3.9%) | PreTax Margin | 24.68 | BV/Share | -88 | |||||
| 5Y Average FCF | $2B | 47.5% (28.9%) | |||||||||
| 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 | $3B | MBG Intrinsic Value | $127 | ||||||||
| 2027 | $4B | ||||||||||
| 2028 | $4B | ||||||||||
| 2029 | $6B | ||||||||||
| 2030 | $7B | ||||||||||
| 2031 | $9B | ||||||||||
| Terminal Value | $181B | Net Worth/Share | $175 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $142B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $188M | $1,258 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $7B | WACC | 7.3% | 1,086 | 1,178 | 1,288 | 1,424 | 1,595 | |||
| Equity Value | $135B | 7.4% | 1,075 | 1,165 | 1,273 | 1,406 | 1,572 | ||||
| Shares Outstanding | 107,614,000 | 7.4% | 1,065 | 1,153 | 1,258 | 1,388 | 1,550 | ||||
| 7.9% | 968 | 1,040 | 1,126 | 1,229 | 1,356 | ||||||
| DCF Intrinsic Value | $1,258 | 8.4% | 885 | 946 | 1,017 | 1,100 | 1,201 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||