ATAT

ATAT — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($38.76)
DCF$1701.08+4288.8%
Graham Number$11.61-70.1%
Reverse DCFimplied g: -20.0%
DDM$16.07-58.5%
EV/EBITDA$141.92+266.1%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $1.66B
Rev: 38.4% / EPS: 22.8%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$1701.08
Current Price$38.76
Upside / Downside+4288.8%
Net Debt (used)-$4.09B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term30.4%34.4%38.4%42.4%46.4%
7.0%$1982.88$2292.91$2641.62$3032.55$3469.44
8.0%$1567.85$1810.35$2083.01$2388.58$2729.98
9.0%$1284.02$1480.38$1701.08$1948.34$2224.51
10.0%$1078.67$1241.68$1424.83$1629.95$1858.98
11.0%$923.90$1061.81$1216.69$1390.10$1583.65

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.54
Yahoo: $3.89

Results

Graham Number$11.61
Current Price$38.76
Margin of Safety-70.1%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$38.76
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth38.4%
Historical Earnings Growth22.8%
Base FCF (TTM)$1.66B
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: $0.78

Results

DDM Intrinsic Value / share$16.07
Current Price$38.76
Upside / Downside-58.5%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $2.07B
Current: 5.8×
Default: -$4.09B

Results

Implied Equity Value / share$141.92
Current Price$38.76
Upside / Downside+266.1%
Implied EV$12.03B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$6.09B-$5.09B-$4.09B-$3.09B-$2.09B
1.8x$86.60$77.80$69.00$60.20$51.40
3.8x$123.06$114.26$105.46$96.66$87.86
5.8x$159.52$150.72$141.92$133.12$124.32
7.8x$195.98$187.18$178.38$169.58$160.78
9.8x$232.44$223.64$214.84$206.04$197.23