ANG-PD

ANG-PD — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($24.92)
DCF$280477991162.83+1125527157782.4%
Graham Number
Reverse DCFimplied g: -20.0%
DDM$37.90+52.1%
EV/EBITDA$30009999616.00+120426809275.7%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $15.44B
Rev: 2.7% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$280477991162.83
Current Price$24.92
Upside / Downside+1125527157782.4%
Net Debt (used)-$9.37B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$282807028128.05$338102084018.19$402431407822.36$476885399417.75$562639627401.17
8.0%$234152320385.59$278658193197.88$330357036491.02$390112565811.90$458855761755.25
9.0%$200436531506.45$237494881079.83$280477991162.83$330093647812.92$387104596957.86
10.0%$175685371937.88$207300315070.23$243915383778.93$286124843000.88$334568967371.39
11.0%$156735918959.11$184203505052.36$215968664531.70$252539544983.19$294463521016.91

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: —
Yahoo: $38.11

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$24.92
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$24.92
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth2.7%
Historical Earnings Growth
Base FCF (TTM)$15.44B
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: $1.84

Results

DDM Intrinsic Value / share$37.90
Current Price$24.92
Upside / Downside+52.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $1.72B
Current: —×
Default: -$9.37B

Results

Implied Equity Value / share$30009999616.00
Current Price$24.92
Upside / Downside+120426809275.7%
Implied EV$20.64B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$13.37B-$11.37B-$9.37B-$7.37B-$5.37B
8.0x$27129999616.00$25129999616.00$23129999616.00$21129999616.00$19129999616.00
10.0x$30569999616.00$28569999616.00$26569999616.00$24569999616.00$22569999616.00
12.0x$34009999616.00$32009999616.00$30009999616.00$28009999616.00$26009999616.00
14.0x$37449999616.00$35449999616.00$33449999616.00$31449999616.00$29449999616.00
16.0x$40889999616.00$38889999616.00$36889999616.00$34889999616.00$32889999616.00