AAPG

AAPG — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($23.66)
DCF$6.25-73.6%
Graham Number
Reverse DCFimplied g: 27.2%
DDM
EV/EBITDA

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $36.22M
Rev: -71.6% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$6.25
Current Price$23.66
Upside / Downside-73.6%
Net Debt (used)$54.71M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$6.31$7.70$9.33$11.21$13.37
8.0%$5.08$6.20$7.51$9.02$10.75
9.0%$4.23$5.17$6.25$7.50$8.94
10.0%$3.61$4.40$5.33$6.39$7.62
11.0%$3.13$3.82$4.62$5.55$6.60

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-2.05
Yahoo: $0.28

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$23.66
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$23.66
Implied Near-term FCF Growth27.2%
Historical Revenue Growth-71.6%
Historical Earnings Growth
Base FCF (TTM)$36.22M
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: —

Results

This company does not pay a dividend. DDM is not applicable — the intrinsic value shown uses D0 = $0 unless you enter a hypothetical dividend above.
DDM Intrinsic Value / share
Current Price$23.66
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: -$1.04B
Current: -7.8×
Default: $54.71M

Results

Implied Equity Value / share$87.58
Current Price$23.66
Upside / Downside+270.2%
Implied EV$8.20B