Company / Stock (250)3-Year Statement
Golden Door Asset's Financial Engine connects audited SEC 10-K/10-Q income statements, balance sheets, and cash flow statements to a deterministic 5-year unlevered DCF valuation, Reverse-DCF implied growth solver, ASC 350-40 software capitalization bridge, and 1-year lagged R&D capital efficiency benchmark across 250 public software companies (167 ranked in the R&D Return universe).
Discounting 5-year unlevered FCF at 10.0% WACC and 2.5% terminal growth ($1.32B PV of FCF + $3.69B PV of Terminal Value)
| DCF Cash Flow Line | TTM | Y1 | Y2 | Y3 | Y4 | Y5 |
|---|---|---|---|---|---|---|
| Projected Revenue | $1.06B | $1.18B | $1.31B | $1.46B | $1.62B | $1.81B |
| Operating EBIT | $93.9M | $104.5M | $116.3M | $129.5M | $144.1M | $160.5M |
| Unlevered Free Cash Flow (FCF) | $254.5M (24%) | $283.3M (24%) | $315.4M (24%) | $351.1M (24%) | $390.9M (24%) | $435.1M (24%) |
| Discounted PV of FCF (@ 10.0% WACC) | $231.4M | $234.2M | $237.0M | $239.8M | $242.7M | $245.6M |
| WACC \ Term g | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 8.0% | $6.61 | $7.17 | $7.83 | $8.62 | $9.59 |
| 9.0% | $5.47 | $5.87 | $6.33 | $6.87 | $7.51 |
| 10.0% | $4.59 | $4.89 | $5.23 | $5.62 | $6.06 |
| 11.0% | $3.91 | $4.14 | $4.39 | $4.68 | $5.01 |
| 12.0% | $3.35 | $3.53 | $3.73 | $3.95 | $4.20 |
Synchronized directly with the 3-Year Operating Statement (73.5% Gross Margin · 11.3% Growth · 16.6% SBC/Rev)
| Income Statement Line | FY23ASEC 10-K | FY24ASEC 10-K | FY25ASEC 10-K | Year 1 (2026)Forecast | Year 2 (2027)Forecast | Year 3 (2028)Forecast |
|---|---|---|---|---|---|---|
| Revenue | $866.4M | $944.8M | $1.06B | $1.06B | $1.18B | $1.31B |
| YoY Revenue Growth (%) | 10.7% | 9.1% | 11.9% | 11.3% | 11.3% | 11.3% |
| Cost of Revenue (COGS) | ($230.2M) | ($231.0M) | ($280.2M) | ($280.2M) | ($306.0M) | ($334.1M) |
| Gross Profit & Margin | $636.2M (73.4%) | $713.8M (75.5%) | $776.8M (73.5%) | $776.8M (73.5%) | $870.6M (74.0%) | $975.7M (74.5%) |
| Research & Development (R&D) | — | — | — | $227.5M | $243.1M | $259.4M |
| Sales & Marketing (S&M) | — | — | — | $296.0M | $316.4M | $337.5M |
| General & Administrative (G&A) | — | — | — | $159.4M | $170.4M | $181.7M |
| Operating EBIT | -$23.9M (-2.8%) | $80.1M (8.5%) | $93.8M (8.9%) | $93.8M (8.9%) | $140.8M (12.0%) | $197.1M (15.1%) |
| Adjusted EBITDA | — | — | — | $152.6M (14.4%) | $206.2M (17.5%) | $269.9M (20.6%) |
CCC Intelligent Solutions Holdings Inc. (CCC) earns a "Pass" rating and an institutional Quality Score of 67/100 (Grade B+). On $1.06B in baseline revenue (11.3% growth, 73.5% gross margin, 24.1% FCF margin), our 5-year DCF yields an Enterprise Value of $5.01B ($5.23/share vs. $8.09 market price). On the R&D Return Benchmark, CCC ranks #114 of 167 (Burners · Grade CCC, 0.31× return).
Gross Margin & Unit Economics: CCC Intelligent Solutions Holdings Inc. operates at a 73.5% gross margin on $1.06B revenue (+6.1 pts above the Insurance & Automotive Workflow Software median of 67.3%).
R&D Productivity (Burners · Grade CCC): Investing 21.5% of revenue in R&D ($227.5M) generates $0.31 of incremental gross profit per R&D dollar (Rank #114 of 167).
Rule of 40 & Cash Conversion: Combining 11.3% top-line growth with 24.1% FCF margin yields a 35.4% Rule of 40 score (vs. 38.9% cohort median) and $5.01B DCF Enterprise Value.
Measures incremental gross profit generated per prior-year R&D dollar across 167 scored software companies
x = R&D % of revenue (FY) · y = new gross profit per R&D dollar (FY)
CCC: not ranked (stale)
Hover or tap a dot to inspect peer R&D intensity and return
Intensity = R&D ÷ revenue from the same period. The grade uses TTM when that period end is fresh; otherwise the latest fiscal year if that end is fresh; otherwise the name is ungraded. Bands describe spend level, not quality.
As of 2026-10-22.
Active Medians: 14.1% Growth · 67.3% Gross Margin · 17.6% Unlevered FCF · 13.0% GAAP FCF · 38.9% Rule of 40 · 10.4× EV/Rev
| Company | Actions | |||||||
|---|---|---|---|---|---|---|---|---|
CCCCCC Intelligent Solutions Holdings Inc.Subject | $1.06B | 11.3% | 73.5% | 24.1% | 7.5% | 35.4% | 6.7× | Active |
Microsoft Corporation | $346.44B | 13.7% | 67.7% | 17.3% | 13.7% | 31.1% | 11.4× | |
Oracle | $71.78B | 12.2% | 65.8% | -40.0% | -46.7% | -27.8% | 5.3× | |
SAP SE | $34.18B | 7.6% | 73.0% | 12.9% | 12.9% | 20.5% | 8.3× | |
SHOPIFY INC. | $8.88B | 31.9% | 50.4% | 18.0% | 13.1% | 49.9% | 22.7× | |
INTUIT INC. | $18.83B | 14.5% | 80.8% | 32.3% | 21.9% | 46.8% | 9.4× | |
Snowflake Inc. | $5.43B | 40.0% | 67.0% | 22.0% | -8.2% | 62.0% | 20.9× | |
| Peer Set Median (6 Peers) | $26.50B | 14.1% | 67.3% | 17.6% | 13.0% | 38.9% | 10.4× | =MEDIAN() |
Structural sensitivities monitored in the 3-Statement Financial Engine
Apply any lever below to write its operating assumptions directly into the 3-Statement Model
Automate cloud hosting & support workflows to lift gross margin from 73.5% to 78.5%.
Align R&D intensity and ASC 350-40 capitalization to the R&D Compounders cohort median, recapturing $21.1M in annual EBITDA.
Lift net dollar retention and expansion velocity by +300 bps, compounding Year 3 revenue to $1.38B.
Solid software model with clear operating leverage, partially offset by standard SBC or moderate burn.
Elite deferred revenue float; FCF exceeds operating income by >20%
Elevated equity dilution; SBC consumes substantial operating cash flow
High-quality software margins with healthy balanced growth and profitability
Moderate leverage or cash burn; monitor liquidity runway
The current share price demands 20.3% 5-year CAGR (35.0% net of SBC & dilution)—a +8.9% acceleration over historical run-rate (11.3%). Any growth slowdown risks valuation multiple contraction.
Evaluates shareholder equity vulnerability if SaaS valuation multiples contract toward historical industry medians.
| Multiple Contraction Scenario | EV / Rev | Implied EV | Implied Equity | Implied Price | Downside % |
|---|---|---|---|---|---|
| Current Multiple | 6.7× | $7.11B | $5.93B | $8.09 | 0.0% |
| -20% Multiple Compression | 5.4× | $5.68B | $4.51B | $6.15 | -20.0% |
| -35% Multiple Compression | 4.4× | $4.62B | $3.44B | $4.69 | -35.0% |
| Software Baseline Floor (5.0× EV/Rev) | 5.0× | $5.29B | $4.11B | $5.60 | -25.6% |