ATS

ATS — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($32.83)
DCF$9123346.35+27789563.0%
Graham Number$6.50-80.2%
Reverse DCFimplied g: -0.7%
DDM
EV/EBITDA$33.22+1.2%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $353.09M
Rev: 16.7% / EPS: 358.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$9123346.35
Current Price$32.83
Upside / Downside+27789563.0%
Net Debt (used)$1.26B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term350.0%354.0%358.0%362.0%366.0%
7.0%$14090431.90$14727888.71$15388210.67$16072007.46$16779899.51
8.0%$10664327.50$11146782.34$11646542.41$12164069.12$12699832.04
9.0%$8353931.80$8731861.13$9123346.35$9528748.91$9948436.63
10.0%$6708012.99$7011478.79$7325829.48$7651355.28$7988351.55
11.0%$5488125.24$5736401.84$5993583.69$6259908.23$6535617.10

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.14
Yahoo: $13.43

Results

Graham Number$6.50
Current Price$32.83
Margin of Safety-80.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$32.83
Implied Near-term FCF Growth-0.7%
Historical Revenue Growth16.7%
Historical Earnings Growth358.0%
Base FCF (TTM)$353.09M
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$32.83
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $195.85M
Current: 22.9×
Default: $1.26B

Results

Implied Equity Value / share$33.22
Current Price$32.83
Upside / Downside+1.2%
Implied EV$4.48B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$1.26B$1.26B$1.26B$1.26B$1.26B
18.9x$25.14$25.14$25.14$25.14$25.14
20.9x$29.18$29.18$29.18$29.18$29.18
22.9x$33.22$33.22$33.22$33.22$33.22
24.9x$37.26$37.26$37.26$37.26$37.26
26.9x$41.30$41.30$41.30$41.30$41.30