IQV IQVIA
too hard · 56
Owner-earnings value$170.19
Price$276.63
Margin of safety
-38.5%
Quality gate · 56/100
⚠ sub-hurdle returns (median roic 9% < 9%)
Median ROIC8.9%
Gross margin33.0%
Net debt / EBITDA4.0x
FCF conversion140%
Share count / yr-3.0%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 1.92B |
| Owner-earnings yield | 4.2% |
| Free-cash-flow yield | 4.8% |
| Growth used (normalized) | 4.2% |
| Market-implied growth (reverse DCF) | 16.4% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 10.4% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 2.00B | 4.2% | 1.81B |
| 2 | 2.09B | 4.1% | 1.71B |
| 3 | 2.17B | 3.9% | 1.61B |
| 4 | 2.25B | 3.8% | 1.51B |
| 5 | 2.33B | 3.7% | 1.42B |
| 6 | 2.42B | 3.5% | 1.33B |
| 7 | 2.50B | 3.4% | 1.25B |
| 8 | 2.58B | 3.3% | 1.17B |
| 9 | 2.66B | 3.1% | 1.09B |
| 10 | 2.74B | 3.0% | 1.02B |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~16%/yr owner-earnings growth over 10y (reverse DCF); model credits 4%.