| Intrinsic Valuation of: ROP | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 16 | Market Cap | $32B | |||||
| 2021 | - | - (-) | P/E Ratio | 20 | Total Asset | $35B | |||||
| 2022 | $664M | - (-) | Net Income | $2B | Total Debt | $9B | |||||
| 2023 | $2B | 190.1% (152.2%) | EBITDA | $3B | Total Liab | $15B | |||||
| 2024 | $2B | 18.4% (3.9%) | Opr Margin | 28.29 | Debt/Equity | 0.43 | |||||
| 2025 | $2B | 6.7% (-4.9%) | PreTax Margin | 24.17 | BV/Share | -111 | |||||
| 5Y Average FCF | $2B | 15.0% (50.4%) | |||||||||
| 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): | 7.00% | 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 | $3B | MBG Intrinsic Value | $143 | ||||||||
| 2027 | $3B | ||||||||||
| 2028 | $3B | ||||||||||
| 2029 | $3B | ||||||||||
| 2030 | $4B | ||||||||||
| 2031 | $4B | ||||||||||
| Terminal Value | $84B | Net Worth/Share | $197 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $71B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $297M | $624 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $9B | WACC | 6.5% | 581 | 640 | 713 | 808 | 934 | |||
| Equity Value | $63B | 7.1% | 506 | 551 | 605 | 673 | 760 | ||||
| Shares Outstanding | 100,917,359 | 7.8% | 445 | 480 | 522 | 572 | 634 | ||||
| 8.4% | 396 | 424 | 456 | 495 | 541 | ||||||
| DCF Intrinsic Value | $624 | 9.0% | 355 | 378 | 404 | 434 | 470 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||