| Intrinsic Valuation of: TSLA | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 1 | Market Cap | $1,586B | |||||
| 2021 | - | - (-) | P/E Ratio | 384 | Total Asset | $138B | |||||
| 2022 | $8B | - (-) | Net Income | $4B | Total Debt | $7B | |||||
| 2023 | $4B | -42.3% (-51.4%) | EBITDA | $12B | Total Liab | $55B | |||||
| 2024 | $4B | -17.8% (-18.6%) | Opr Margin | 5.11 | Debt/Equity | 0.08 | |||||
| 2025 | $6B | 73.7% (78.9%) | PreTax Margin | 4.76 | BV/Share | 21 | |||||
| 5Y Average FCF | $5B | 5.2% (3.0%) | |||||||||
| 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): | 13.30% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (5.2%) | ||||||||||
| 2026 | $6B | MBG Intrinsic Value | $10 | ||||||||
| 2027 | $7B | ||||||||||
| 2028 | $7B | ||||||||||
| 2029 | $7B | ||||||||||
| 2030 | $7B | ||||||||||
| 2031 | $7B | ||||||||||
| Terminal Value | $71B | Net Worth/Share | $22 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $61B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $17B | $19 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $7B | WACC | 11.3% | 21 | 22 | 23 | 23 | 24 | |||
| Equity Value | $71B | 12.0% | 20 | 20 | 21 | 22 | 22 | ||||
| Shares Outstanding | 3,755,723,871 | 12.7% | 19 | 19 | 20 | 20 | 21 | ||||
| 13.3% | 18 | 18 | 19 | 19 | 20 | ||||||
| DCF Intrinsic Value | $19 | 14.0% | 17 | 17 | 18 | 18 | 19 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||