{
  "data": {
    "anchor": {
      "discounted_against": "enterprise_value",
      "enterprise_value_usd": 4926590000000,
      "net_debt_period_end": "2026-03-28",
      "share_count_basis": "listed_security",
      "ttm_fcf_usd": 252245627638
    },
    "as_of": "2026-06-05T20:15:00Z",
    "basis": "fcf_ttm",
    "cache_age_seconds": 2612,
    "currency": "USD",
    "freshness": "end_of_day",
    "historical_realized_growth": {
      "fcf_cagr": {
        "10y": {
          "available": false,
          "reason": "insufficient_statement_history"
        },
        "3y": {
          "value": 44.42
        },
        "5y": {
          "base_effect": "low_base_period",
          "base_note": "the 5y-ago fcf base was about 16% of today's, so the CAGR is mechanically inflated by the small starting value",
          "value": 44.42
        }
      },
      "implied_vs_5y_realized_pp": {
        "caveat": "5y_realized_base_unreliable",
        "value": -33.02
      },
      "revenue_cagr": {
        "10y": {
          "available": false,
          "reason": "insufficient_statement_history"
        },
        "3y": {
          "value": 27.68
        },
        "5y": {
          "value": 27.68
        }
      }
    },
    "implied": {
      "growth_required_pct": {
        "converged": true,
        "means": "To justify today's enterprise value at a 10.0% discount over 10 years (fading to 2.5% terminal), free cash flow must compound at about 11.4%/yr. This is what the PRICE REQUIRES, not a forecast.",
        "solver": "bisection",
        "value": 11.4
      }
    },
    "market_status": "open",
    "model_assumptions": {
      "all_fixed_defaults": true,
      "discount_rate_pct": 10,
      "growth_fade": "linear_to_terminal",
      "horizon_years": 10,
      "terminal_growth_pct": 2.5
    },
    "sensitivity": {
      "discount_rate_pct_rows": [
        8,
        10,
        12
      ],
      "grid": [
        [
          5.3,
          3.6,
          1.8
        ],
        [
          12.7,
          11.4,
          10
        ],
        [
          19.1,
          18,
          16.8
        ]
      ],
      "metric": "growth_required_pct",
      "terminal_growth_pct_cols": [
        2,
        2.5,
        3
      ]
    },
    "shape_kind": "reverse_dcf",
    "symbol": "NVDA"
  },
  "schema_version": "2026-06-17.6"
}