ARDT

ARDT — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($9.39)
DCF$-9.94-205.8%
Graham Number$16.97+80.7%
Reverse DCFimplied g: 55.2%
DDM
EV/EBITDA$12.14+29.3%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $11.27M
Rev: 8.8% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-9.94
Current Price$9.39
Upside / Downside-205.8%
Net Debt (used)$1.67B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term0.8%4.8%8.8%12.8%16.8%
7.0%$-9.88$-9.53$-9.13$-8.66$-8.12
8.0%$-10.21$-9.93$-9.61$-9.23$-8.80
9.0%$-10.44$-10.20$-9.94$-9.63$-9.27
10.0%$-10.60$-10.41$-10.18$-9.92$-9.62
11.0%$-10.73$-10.56$-10.36$-10.14$-9.88

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.48
Yahoo: $8.65

Results

Graham Number$16.97
Current Price$9.39
Margin of Safety+80.7%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$9.39
Implied Near-term FCF Growth55.2%
Historical Revenue Growth8.8%
Historical Earnings Growth
Base FCF (TTM)$11.27M
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$9.39
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $530.92M
Current: 6.4×
Default: $1.67B

Results

Implied Equity Value / share$12.14
Current Price$9.39
Upside / Downside+29.3%
Implied EV$3.41B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$1.67B$1.67B$1.67B$1.67B$1.67B
2.4x$-2.69$-2.69$-2.69$-2.69$-2.69
4.4x$4.72$4.72$4.72$4.72$4.72
6.4x$12.14$12.14$12.14$12.14$12.14
8.4x$19.56$19.56$19.56$19.56$19.56
10.4x$26.97$26.97$26.97$26.97$26.97