AVPT — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($10.80)
DCF	$22.19	+105.5%
Graham Number	—	—
Reverse DCF	—	implied g: 13.7%
DDM	—	—
EV/EBITDA	$10.49	-2.8%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $64.22M

Near-term growth (yrs 1–5)(%)Rev: 28.6% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 10.67%

Computed WACC: 10.67%

Cost of equity (Re)10.75%(Rf 4.30% + β 1.17 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)99.26%

Debt weight (D/V)0.74%

Results

Intrinsic Value / share$17.31

Current Price$10.80

Upside / Downside+60.3%

Net Debt (used)-$463.61M

Sensitivity: WACC (rows) × Near-term g (cols)

WACC \ Near-term	20.6%	24.6%	28.6%	32.6%	36.6%
7.0%	$24.77	$28.64	$33.03	$37.99	$43.58
8.0%	$20.10	$23.15	$26.60	$30.50	$34.89
9.0%	$16.90	$19.38	$22.19	$25.37	$28.94
10.0%	$14.58	$16.65	$19.00	$21.64	$24.62
11.0%	$12.82	$14.58	$16.58	$18.83	$21.36

2 — Graham Number

Assumptions

MultiplierGraham used 22.5 (15× P/E × 1.5× P/B)

EPS (trailing)($)Yahoo: $-0.01

Book Value / share($)Yahoo: $2.23

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.

Graham Number—

Current Price$10.80

Margin of Safety—

Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 10.67%

Terminal growth rate(%)

Computed WACC: 10.67%

Cost of equity (Re)10.75%(Rf 4.30% + β 1.17 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)99.26%

Debt weight (D/V)0.74%

Results

Current Price$10.80

Implied Near-term FCF Growth18.2%

Historical Revenue Growth28.6%

Historical Earnings Growth—

Base FCF (TTM)$64.22M

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

Annual dividend D0($/share)Yahoo: —

Dividend growth rate (g)(%)

Required return (r)(%)

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$10.80

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $39.74M

Target EV/EBITDA multipleCurrent: 45.3×

Net Debt($B)Default: -$463.61M

Results

Implied Equity Value / share$10.49

Current Price$10.80

Upside / Downside-2.8%

Implied EV$1.80B

Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)

Mult \ Net Debt	-$2.46B	-$1.46B	-$463.61M	$536.39M	$1.54B
41.3x	$19.03	$14.39	$9.76	$5.12	$0.49
43.3x	$19.39	$14.76	$10.13	$5.49	$0.86
45.3x	$19.76	$15.13	$10.49	$5.86	$1.23
47.3x	$20.13	$15.50	$10.86	$6.23	$1.59
49.3x	$20.50	$15.87	$11.23	$6.60	$1.96

← Overview Financial Statements ← Companies