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 215 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 ($5.94B PV of FCF + $20.80B PV of Terminal Value)
| DCF Cash Flow Line | TTM | Y1 | Y2 | Y3 | Y4 | Y5 |
|---|---|---|---|---|---|---|
| Projected Revenue | $3.60B | $4.52B | $5.67B | $7.13B | $8.95B | $11.24B |
| Operating EBIT | $399.2M | $501.4M | $629.8M | $791.0M | $993.5M | $1.25B |
| Unlevered Free Cash Flow (FCF) | $784.0M (22%) | $984.8M (22%) | $1.24B (22%) | $1.55B (22%) | $1.95B (22%) | $2.45B (22%) |
| Discounted PV of FCF (@ 10.0% WACC) | $712.8M | $813.8M | $929.3M | $1.06B | $1.21B | $1.38B |
| WACC \ Term g | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 8.0% | $169.72 | $181.17 | $194.69 | $210.92 | $230.75 |
| 9.0% | $146.54 | $154.74 | $164.19 | $175.22 | $188.25 |
| 10.0% | $128.88 | $134.98 | $141.89 | $149.79 | $158.90 |
| 11.0% | $114.98 | $119.66 | $124.89 | $130.77 | $137.44 |
| 12.0% | $103.78 | $107.45 | $111.51 | $116.03 | $121.07 |
Synchronized directly with the 3-Year Operating Statement (75.8% Gross Margin · 25.6% Growth · 11.4% SBC/Rev)
| Income Statement Line | FY22AHist. | FY23AHist. | FY24AHist. | Year 1 (2026)Forecast | Year 2 (2027)Forecast | Year 3 (2028)Forecast |
|---|---|---|---|---|---|---|
| Revenue | $2.28B | $2.86B | $3.60B | $3.60B | $4.52B | $5.67B |
| YoY Revenue Growth (%) | — | 25.6% | 25.6% | 25.6% | 25.6% | 25.6% |
| Cost of Revenue (COGS) | ($551.7M) | ($693.0M) | ($870.4M) | ($870.4M) | ($1.07B) | ($1.32B) |
| Gross Profit & Margin | $1.73B (75.8%) | $2.17B (75.8%) | $2.73B (75.8%) | $2.73B (75.8%) | $3.45B (76.3%) | $4.36B (76.8%) |
| Research & Development (R&D) | — | — | — | $827.2M | $997.4M | $1.20B |
| Sales & Marketing (S&M) | — | — | — | $974.8M | $1.18B | $1.41B |
| General & Administrative (G&A) | — | — | — | $524.9M | $632.9M | $761.8M |
| Operating EBIT | $161.9M (7.1%) | $260.6M (9.1%) | $399.2M (11.1%) | $399.2M (11.1%) | $640.9M (14.2%) | $980.2M (17.3%) |
| Adjusted EBITDA | — | — | — | $507.1M (14.1%) | $776.4M (17.2%) | $1.15B (20.3%) |
Octave Intelligence plc (OCTV) earns a "Buy" rating and an institutional Quality Score of 86/100 (Grade A). On $3.60B in baseline revenue (25.6% growth, 75.8% gross margin, 21.8% FCF margin), our 5-year DCF yields an Enterprise Value of $26.74B ($141.89/share vs. $150.20 market price). On the R&D Return Benchmark, OCTV ranks #31 of 167 (Compounders · Grade AA, 0.84× return).
Gross Margin & Unit Economics: Octave Intelligence plc operates at a 75.8% gross margin on $3.60B revenue (+0.7 pts above the Software - Application median of 75.1%).
R&D Productivity (Compounders · Grade AA): Investing 23.0% of revenue in R&D ($827.2M) generates $0.84 of incremental gross profit per R&D dollar (Rank #31 of 167).
Rule of 40 & Cash Conversion: Combining 25.6% top-line growth with 21.8% FCF margin yields a 47.4% Rule of 40 score (vs. 59.0% cohort median) and $26.74B 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)
OCTV: not scored (missing_rnd)
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: 35.8% Growth · 75.1% Gross Margin · 21.9% Unlevered FCF · 14.4% GAAP FCF · 59.0% Rule of 40 · 6.6× EV/Rev
| Company | Actions | |||||||
|---|---|---|---|---|---|---|---|---|
OCTVOctave Intelligence plcSubject | $3.60B | 25.6% | 75.8% | 21.8% | 10.4% | 47.4% | 7.9× | Active |
Grab Holdings Limited | $2.80B | 56.3% | 42.0% | 27.7% | 17.7% | 84.0% | 6.3× | |
Full Truck Alliance Co. Ltd. | $11.24B | 44.5% | 86.6% | 25.8% | 21.3% | 70.2% | 5.9× | |
Figma, Inc. | $1.28B | 44.6% | 79.1% | 18.1% | -112.4% | 62.7% | 8.8× | |
InterDigital, Inc. | $868.5M | 24.7% | 80.5% | 30.6% | 25.3% | 55.3% | 9.9× | |
OPEN TEXT CORP | $5.30B | 10.8% | 63.5% | 13.0% | 11.0% | 23.8% | 2.6× | |
ServiceTitan, Inc. | $1.06B | 27.1% | 71.1% | 12.8% | -7.7% | 40.0% | 6.8× | |
| Peer Set Median (6 Peers) | $2.04B | 35.8% | 75.1% | 21.9% | 14.4% | 59.0% | 6.6× | =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 75.8% to 80.8%.
Align R&D intensity and ASC 350-40 capitalization to the R&D Compounders cohort median, recapturing $71.9M in annual EBITDA.
Lift net dollar retention and expansion velocity by +300 bps, compounding Year 3 revenue to $5.95B.
Strong fundamentals, above-average cash generation, and robust competitive positioning.
Elite deferred revenue float; FCF exceeds operating income by >20%
Standard software SBC dilution; modest equity transfer to employees
High-quality software margins with healthy balanced growth and profitability
Zero-debt fortress balance sheet with abundant net cash liquidity
Market implies 27.3% annual revenue growth over next 5 years (38.6% dilution-adjusted), in line with company run-rate.
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 | 7.9× | $28.41B | $30.31B | $150.20 | 0.0% |
| -20% Multiple Compression | 6.3× | $22.73B | $24.63B | $122.04 | -20.0% |
| -35% Multiple Compression | 5.1× | $18.47B | $20.37B | $100.92 | -35.0% |
| Software Baseline Floor (5.0× EV/Rev) | 5.0× | $17.98B | $19.88B | $98.52 | -36.7% |