| Intrinsic Valuation of: TEAM | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | -1 | Market Cap | $47B | |||||
| 2021 | - | - (-) | P/E Ratio | - | Total Asset | $6B | |||||
| 2022 | $746M | - (-) | Net Income | $-257M | Total Debt | $988M | |||||
| 2023 | $842M | 12.8% (-10.5%) | EBITDA | $24M | Total Liab | $5B | |||||
| 2024 | $1B | 68.0% (36.2%) | Opr Margin | -0.03 | Debt/Equity | 0.73 | |||||
| 2025 | $1B | 0.0% (-16.4%) | PreTax Margin | -3.09 | BV/Share | -1 | |||||
| 5Y Average FCF | $1B | 27.0% (3.1%) | |||||||||
| 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 | $-9 | ||||||||
| 2027 | $2B | ||||||||||
| 2028 | $3B | ||||||||||
| 2029 | $3B | ||||||||||
| 2030 | $4B | ||||||||||
| 2031 | $5B | ||||||||||
| Terminal Value | $112B | Net Worth/Share | $8 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $88B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $3B | $538 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $988M | WACC | 7.3% | 469 | 506 | 550 | 605 | 673 | |||
| Equity Value | $89B | 7.4% | 465 | 501 | 544 | 597 | 664 | ||||
| Shares Outstanding | 166,284,992 | 7.4% | 460 | 496 | 538 | 590 | 655 | ||||
| 7.9% | 422 | 451 | 485 | 526 | 577 | ||||||
| DCF Intrinsic Value | $538 | 8.4% | 388 | 413 | 441 | 475 | 515 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||