ARM

ARM — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($127.45)
DCF$48.99-61.6%
Graham Number$11.13-91.3%
Reverse DCFimplied g: 45.0%
DDM
EV/EBITDA$127.45+0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $824.75M
Rev: 26.3% / EPS: -12.3%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$49.07
Current Price$127.45
Upside / Downside-61.5%
Net Debt (used)-$3.08B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term18.3%22.3%26.3%30.3%34.3%
7.0%$54.55$63.54$73.75$85.32$98.38
8.0%$43.99$51.07$59.11$68.22$78.49
9.0%$36.74$42.51$49.07$56.50$64.86
10.0%$31.47$36.30$41.79$47.99$54.97
11.0%$27.49$31.61$36.28$41.55$47.50

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.75
Yahoo: $7.34

Results

Graham Number$11.13
Current Price$127.45
Margin of Safety-91.3%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$127.45
Implied Near-term FCF Growth45.0%
Historical Revenue Growth26.3%
Historical Earnings Growth-12.3%
Base FCF (TTM)$824.75M
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$127.45
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $1.08B
Current: 122.0×
Default: -$3.08B

Results

Implied Equity Value / share$127.45
Current Price$127.45
Upside / Downside+0.0%
Implied EV$132.27B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$5.08B-$4.08B-$3.08B-$2.08B-$1.08B
118.0x$125.25$124.31$123.37$122.43$121.49
120.0x$127.29$126.35$125.41$124.47$123.53
122.0x$129.33$128.39$127.45$126.51$125.57
124.0x$131.37$130.43$129.49$128.55$127.61
126.0x$133.42$132.47$131.53$130.59$129.65