MSTR Premium/Discount Analyzer by Marius1032)

4 hari lalu

This indicator provides a transparent, real-time framework for evaluating MicroStrategy Inc. (MSTR) based on its two primary value components:

Bitcoin Holdings (Mark-to-Market)
Core Enterprise Value (ex-Bitcoin)

By calculating the Net Asset Value (NAV) per share from both segments, the indicator enables accurate assessment of whether MSTR is trading at a premium or discount relative to its fundamental value.

📊 Key Metrics Displayed on Chart
MSTR Share Price (Close)
BTC NAV per Share (Holdings × BTC price ÷ Shares Outstanding)
Core NAV per Share (Enterprise Value ÷ Shares Outstanding)
Total NAV per Share (BTC + Core)
Premium / Discount % (Market deviation from NAV)
Manual Timestamp for last data input (auditable)

Input data taken from gurufocus.com/, finance.yahoo.com/

🔧 Customizable Inputs
BTC Holdings (default: 592,345 BTC)
BTC Price (manually updated)
Shares Outstanding (default: 266M)
Core Enterprise Value (EV ex-BTC)
Data Timestamp (manual)

🧠 Valuation Logic
The script separates MSTR’s market value into:
Digital Asset Treasury — fully marked to market via BTC price input.
Core Software/Analytics Business — approximated using total enterprise value less BTC exposure.
This two-part decomposition provides a cleaner NAV structure than traditional book value, which is often distorted by high intangible assets (MSTR’s tangible book value is negative as of Q2 2025).

⚠️ Disclosures
All inputs are manual — ensure accuracy by updating with the latest BTC prices and EV disclosures.
Core EV is treated as a constant unless updated, and does not include BTC or speculative adjustments.
Does not model future BTC acquisitions or operational leverage.

3 hari lalu

Nota Keluaran

📢 Update: MSTR Premium/Discount Analyzer v2

The indicator has been enhanced for better clarity and professional utility. The latest version now includes:

✅ Target Price (Total NAV per Share)
📈 Upside to Target (%) – quickly assess how far MSTR is from its fair value
📉 Premium/Discount (%) – clearly indicates market deviation
💲 Updated format for cleaner layout and left-aligned data
🎨 Color-coded label:
 🔴 Red for high premium
 🟢 Green for deep discount
 🟠 Orange for neutral range

🔍 Purpose: This tool breaks down MSTR into its BTC and Core Enterprise components and computes a true value per share using live price inputs and manual valuation fundamentals.

📅 Last Updated: June 25, 2025

Let me know what features you'd like to see next!

— Marius1032