| 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 | $22B | |||||
| 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 | -2.50 | Debt/Equity | 0.73 | |||||
| 2025 | $1B | 0.0% (-16.4%) | PreTax Margin | -3.09 | BV/Share | -1 | |||||
| 5Y Average FCF | $1B | 15.0% (3.1%) | |||||||||
| 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): | 8.20% | 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 | $2B | MBG Intrinsic Value | $-7 | ||||||||
| 2027 | $2B | ||||||||||
| 2028 | $2B | ||||||||||
| 2029 | $2B | ||||||||||
| 2030 | $2B | ||||||||||
| 2031 | $2B | ||||||||||
| Terminal Value | $39B | Net Worth/Share | $8 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $33B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $3B | $216 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $988M | WACC | 6.5% | 255 | 277 | 305 | 340 | 387 | |||
| Equity Value | $34B | 7.4% | 216 | 231 | 249 | 271 | 298 | ||||
| Shares Outstanding | 159,634,245 | 8.3% | 188 | 198 | 210 | 225 | 242 | ||||
| 9.3% | 166 | 174 | 183 | 193 | 205 | ||||||
| DCF Intrinsic Value | $216 | 10.2% | 149 | 155 | 161 | 169 | 177 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||