ASM

ASM — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($9.62)
DCF$2081731.03+21639515.7%
Graham Number$1.93-80.0%
Reverse DCFimplied g: 34.7%
DDM
EV/EBITDA$9.62-0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $15.57M
Rev: 44.0% / EPS: 477.8%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$2081731.03
Current Price$9.62
Upside / Downside+21639515.7%
Net Debt (used)-$52.66M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term469.8%473.8%477.8%481.8%485.8%
7.0%$3284586.38$3401504.66$3521728.96$3645328.89$3772375.04
8.0%$2482240.59$2570598.34$2661454.53$2754861.74$2850873.35
9.0%$1941554.14$2010665.48$2081731.03$2154791.93$2229889.92
10.0%$1556663.60$1612074.29$1669051.77$1727629.05$1787839.57
11.0%$1271631.42$1316896.04$1363440.56$1411291.93$1460477.50

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.14
Yahoo: $1.18

Results

Graham Number$1.93
Current Price$9.62
Margin of Safety-80.0%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$9.62
Implied Near-term FCF Growth34.7%
Historical Revenue Growth44.0%
Historical Earnings Growth477.8%
Base FCF (TTM)$15.57M
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$9.62
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $34.57M
Current: 42.1×
Default: -$52.66M

Results

Implied Equity Value / share$9.62
Current Price$9.62
Upside / Downside-0.0%
Implied EV$1.46B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.05B-$1.05B-$52.66M$947.34M$1.95B
38.1x$21.49$15.11$8.74$2.36$-4.01
40.1x$21.93$15.55$9.18$2.80$-3.57
42.1x$22.37$15.99$9.62$3.24$-3.13
44.1x$22.81$16.44$10.06$3.68$-2.69
46.1x$23.25$16.88$10.50$4.13$-2.25