AMTB — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($21.06)
DCF	$-11.94	-156.7%
Graham Number	$25.61	+21.6%
Reverse DCF	—	—
DDM	$7.42	-64.8%
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: —

Near-term growth (yrs 1–5)(%)Rev: 8.1% / EPS: -83.8%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 4.64%

Computed WACC: 4.64%

Cost of equity (Re)9.65%(Rf 4.30% + β 0.97 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)48.03%

Debt weight (D/V)51.97%

Results

Intrinsic Value / share$-11.94

Current Price$21.06

Upside / Downside-156.7%

Net Debt (used)$500.90M

Sensitivity: WACC (rows) × Near-term g (cols)

WACC \ Near-term	0.1%	4.1%	8.1%	12.1%	16.1%
7.0%	$-11.94	$-11.94	$-11.94	$-11.94	$-11.94
8.0%	$-11.94	$-11.94	$-11.94	$-11.94	$-11.94
9.0%	$-11.94	$-11.94	$-11.94	$-11.94	$-11.94
10.0%	$-11.94	$-11.94	$-11.94	$-11.94	$-11.94
11.0%	$-11.94	$-11.94	$-11.94	$-11.94	$-11.94

2 — Graham Number

Assumptions

MultiplierGraham used 22.5 (15× P/E × 1.5× P/B)

EPS (trailing)($)Yahoo: $1.26

Book Value / share($)Yahoo: $23.13

Results

Graham Number$25.61

Current Price$21.06

Margin of Safety+21.6%

Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 4.64%

Terminal growth rate(%)

Computed WACC: 4.64%

Cost of equity (Re)9.65%(Rf 4.30% + β 0.97 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)48.03%

Debt weight (D/V)51.97%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$21.06

Implied Near-term FCF Growth—

Historical Revenue Growth8.1%

Historical Earnings Growth-83.8%

Base FCF (TTM)—

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

Annual dividend D0($/share)Yahoo: $0.36

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$7.42

Current Price$21.06

Upside / Downside-64.8%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: —

Target EV/EBITDA multipleCurrent: —×

Net Debt($B)Default: $500.90M

Results

Implied Equity Value / share$-11.94

Current Price$21.06

Upside / Downside-156.7%

Implied EV$0

← Overview Financial Statements ← Companies