| Intrinsic Valuation of: TEAM | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | -2 | Market Cap | $53B | |||||
| 2021 | - | - (-) | P/E Ratio | - | Total Asset | $5B | |||||
| 2022 | $757M | - (-) | Net Income | $-301M | Total Debt | $986M | |||||
| 2023 | $746M | -1.3% (-26.5%) | EBITDA | $27M | Total Liab | $4B | |||||
| 2024 | $842M | 12.8% (-10.5%) | Opr Margin | -0.03 | Debt/Equity | 0.95 | |||||
| 2025 | $1B | 68.0% (36.2%) | PreTax Margin | -3.47 | BV/Share | -3 | |||||
| 5Y Average FCF | $940M | 26.5% (-0.3%) | |||||||||
| 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 | $2B | MBG Intrinsic Value | $-15 | ||||||||
| 2027 | $2B | ||||||||||
| 2028 | $3B | ||||||||||
| 2029 | $3B | ||||||||||
| 2030 | $4B | ||||||||||
| 2031 | $5B | ||||||||||
| Terminal Value | $112B | Net Worth/Share | $6 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $88B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $2B | $539 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $986M | WACC | 7.3% | 470 | 507 | 551 | 606 | 675 | |||
| Equity Value | $89B | 7.4% | 465 | 502 | 545 | 599 | 666 | ||||
| Shares Outstanding | 165,244,992 | 7.4% | 461 | 497 | 539 | 592 | 657 | ||||
| 7.9% | 422 | 451 | 486 | 528 | 579 | ||||||
| DCF Intrinsic Value | $539 | 8.4% | 389 | 413 | 442 | 476 | 516 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||