In partnership with

Hydrated Skin. Deeper Sleep. One Daily Ritual!

Hydration Wasn’t Working—Until This

I thought I had hydration figured out—plenty of water, clean skincare, and electrolytes. But my skin was still dry, my energy dipped midday, and sleep? Unpredictable.

Then I found Pique’s Deep Hydration Protocol—a two-step, 24-hour electrolyte ritual that supports your skin, nervous system, and cellular function from morning to night.

☀️ B·T Fountain hydrates, smooths skin, and powers energy with ceramides, hyaluronic acid, and trace minerals.
🌙 R·E Fountain calms the nervous system and promotes deep sleep with bioavailable magnesium and real lemon.

In a week, I felt better. In a month, I was glowing.

✔️ Clinically proven skin actives
✔️ Deep hydration + clarity without sugar or fillers
✔️ Truly clean, spa-grade ingredients

Now I feel balanced, rested, and radiant—every single day.

Start your ritual with 20% off for life + a free gift:

Get 20% off for life

Toll Brothers DCF Stock Analysis

Here’s my assumptions:

Risk Free Rate (10 Years Interest Rate Swap): 3.98%

Risk Premium (Taken from the Aswath Damodaran equity premium spreadsheet): 4.33%

Interest Rate Spread on The Risk free rate ( For the cost of debt calculation): 1%

Last 24 months Beta: 1.24

Historical Data

Revenue growth in the last 10 years (CAGR): 10.03%

Earnings growth in the last 10 years (CAGR): 15.77%

Unlevered Free Cash Flow growth in the last 10 years (CAGR): / (from -$137.6 M to $420.3 last TTM)

Future Assumptions

End of Year FCF growth: 5%

Growth until end of 2026: 10%

Growth until end of 2034: 5%

Perpetual growth: 3%

Net Debt: 2.241B

Restricted Stock Units + Performance Stock Units Present Value Assumption: $0.141B

Stock Valuation based on these assumptions: $102

Last update 08/14/2025

All the content in this newsletter should be taken as informational content only. THIS IS NOT FINANCIAL ADVICE! Do your own Due Diligence before investing or contact a professional financial advisor.

I don’t have a position in Toll Brothers (TOL) and I don’t plan to add a position in the coming days.