ATHM

ATHM — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($18.35)
DCF$184.57+905.8%
Graham Number$34.67+88.9%
Reverse DCF
DDM$36.87+100.9%
EV/EBITDA$83.22+353.5%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: 0.2% / EPS: 2.3%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$184.57
Current Price$18.35
Upside / Downside+905.8%
Net Debt (used)-$21.86B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$184.57$184.57$184.57$184.57$184.57
8.0%$184.57$184.57$184.57$184.57$184.57
9.0%$184.57$184.57$184.57$184.57$184.57
10.0%$184.57$184.57$184.57$184.57$184.57
11.0%$184.57$184.57$184.57$184.57$184.57

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.79
Yahoo: $29.84

Results

Graham Number$34.67
Current Price$18.35
Margin of Safety+88.9%
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$18.35
Implied Near-term FCF Growth
Historical Revenue Growth0.2%
Historical Earnings Growth2.3%
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: $1.79

Results

DDM Intrinsic Value / share$36.87
Current Price$18.35
Upside / Downside+100.9%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $1.07B
Current: -11.2×
Default: -$21.86B

Results

Implied Equity Value / share$83.22
Current Price$18.35
Upside / Downside+353.5%
Implied EV-$12.00B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$31.86B-$26.86B-$21.86B-$16.86B-$11.86B
-15.2x$131.43$89.21$47.00$4.79$-37.43
-13.2x$149.54$107.33$65.11$22.90$-19.32
-11.2x$167.65$125.44$83.22$41.01$-1.21
-9.2x$185.76$143.55$101.33$59.12$16.90
-7.2x$203.87$161.66$119.44$77.23$35.02