AHR

AHR — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($52.90)
DCF$39.68-25.0%
Graham Number$6.94-86.9%
Reverse DCFimplied g: 16.1%
DDM$20.60-61.1%
EV/EBITDA$53.62+1.4%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $341.35M
Rev: 11.9% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$39.60
Current Price$52.90
Upside / Downside-25.1%
Net Debt (used)$1.57B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term3.9%7.9%11.9%15.9%19.9%
7.0%$41.85$51.56$62.76$75.63$90.35
8.0%$32.36$40.12$49.05$59.31$71.02
9.0%$25.82$32.22$39.60$48.05$57.70
10.0%$21.03$26.46$32.69$39.84$47.98
11.0%$17.39$22.07$27.44$33.59$40.59

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.12
Yahoo: $17.86

Results

Graham Number$6.94
Current Price$52.90
Margin of Safety-86.9%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$52.90
Implied Near-term FCF Growth16.1%
Historical Revenue Growth11.9%
Historical Earnings Growth
Base FCF (TTM)$341.35M
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: $1.00

Results

DDM Intrinsic Value / share$20.60
Current Price$52.90
Upside / Downside-61.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $387.24M
Current: 29.9×
Default: $1.57B

Results

Implied Equity Value / share$53.62
Current Price$52.90
Upside / Downside+1.4%
Implied EV$11.56B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$1.57B$1.57B$1.57B$1.57B$1.57B
25.9x$45.30$45.30$45.30$45.30$45.30
27.9x$49.46$49.46$49.46$49.46$49.46
29.9x$53.62$53.62$53.62$53.62$53.62
31.9x$57.77$57.77$57.77$57.77$57.77
33.9x$61.93$61.93$61.93$61.93$61.93