Market Cap: $1,154,830M

FY2023E

• FCF: $70,365M

• FCF Yield: 6%

• FCF Yield excluding an estimated SBC of $19,500M: 4.4%

FY2024E

• FCF: $84,298M

• FCF Yield: 7.3%

• FCF Yield excluding an estimated SBC of $24,600M: 5.17%

Looking reasonably priced?