| Intrinsic Valuation of: SOFI | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 0 | Market Cap | $20B | |||||
| 2021 | - | - (-) | P/E Ratio | 42 | Total Asset | $36B | |||||
| 2022 | $-1B | - (-) | Net Income | $499M | Total Debt | $3B | |||||
| 2023 | $-7B | -424.8% (-228.4%) | EBITDA | - | Total Liab | $30B | |||||
| 2024 | $-7B | 0.2% (25.5%) | Opr Margin | - | Debt/Equity | 0.40 | |||||
| 2025 | $-1B | 82.5% (85.9%) | PreTax Margin | - | BV/Share | 4 | |||||
| 5Y Average FCF | $-4B | -114.0% (-39.0%) | |||||||||
| 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 (4.0%) | ||||||||||
| 2026 | $-5B | MBG Intrinsic Value | $4 | ||||||||
| 2027 | $-5B | ||||||||||
| 2028 | $-5B | ||||||||||
| 2029 | $-5B | ||||||||||
| 2030 | $-5B | ||||||||||
| 2031 | $-6B | ||||||||||
| Terminal Value | $-114B | Net Worth/Share | $6 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $-98B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $3B | $-88 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $3B | WACC | 7.3% | -78 | -84 | -90 | -99 | -109 | |||
| Equity Value | $-98B | 7.4% | -77 | -83 | -89 | -98 | -108 | ||||
| Shares Outstanding | 1,105,360,000 | 7.4% | -77 | -82 | -88 | -96 | -106 | ||||
| 7.9% | -71 | -75 | -80 | -87 | -94 | ||||||
| DCF Intrinsic Value | $-88 | 8.4% | -65 | -69 | -73 | -79 | -85 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||