ASIC

ASIC — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($22.72)
DCF$5.20-77.1%
Graham Number$20.56-9.5%
Reverse DCF
DDM
EV/EBITDA$22.73+0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: 17.9% / EPS: -7.3%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$5.20
Current Price$22.72
Upside / Downside-77.1%
Net Debt (used)-$249.96M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term9.9%13.9%17.9%21.9%25.9%
7.0%$5.20$5.20$5.20$5.20$5.20
8.0%$5.20$5.20$5.20$5.20$5.20
9.0%$5.20$5.20$5.20$5.20$5.20
10.0%$5.20$5.20$5.20$5.20$5.20
11.0%$5.20$5.20$5.20$5.20$5.20

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.47
Yahoo: $12.78

Results

Graham Number$20.56
Current Price$22.72
Margin of Safety-9.5%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$22.72
Implied Near-term FCF Growth
Historical Revenue Growth17.9%
Historical Earnings Growth-7.3%
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

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$22.72
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $97.97M
Current: 8.6×
Default: -$249.96M

Results

Implied Equity Value / share$22.73
Current Price$22.72
Upside / Downside+0.0%
Implied EV$842.65M
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.25B-$1.25B-$249.96M$750.04M$1.75B
4.6x$56.19$35.38$14.58$-6.23$-27.03
6.6x$60.26$39.46$18.65$-2.15$-22.95
8.6x$64.34$43.54$22.73$1.93$-18.88
10.6x$68.42$47.61$26.81$6.00$-14.80
12.6x$72.49$51.69$30.88$10.08$-10.72