Intrinsic value of Dolby Laboratories (DLB)

[per Chepakovich valuation model]

other valuations of DLB

[per Chepakovich valuation model]  See other valuations of DLB stock

Previous Close$97.92
Intrinsic Value
Upside potential
Previous Close
$97.92

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-09-30 and quarterly data as of 2021-03-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %-6.4NaN
Revenue, $1162NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m943NaN
Operating income, $m219NaN
EBITDA, $m310NaN
Interest expense (income), $mNaN
Earnings before tax, $m239NaN
Tax expense, $m8NaN
Net income, $m231NaN

BALANCE SHEET

Cash and short-term investments, $m1127NaN
Total assets, $m2917NaN
Adjusted assets (=assets-cash), $m1790NaN
Average production assets, $m1042NaN
Working capital, $m1280NaN
Total debt, $m20NaN
Total liabilities, $m479NaN
Total equity, $m2438NaN
Debt-to-equity ratio0.008NaN
Adjusted equity ratio0.735NaN

CASH FLOW

Net income, $m231NaN
Depreciation, amort., depletion, $m92NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m344NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-66NaN
Free cash flow, $m410NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m1280
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN