AVTX — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($17.56)
DCF	$-73.83	-520.4%
Graham Number	—	—
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$84.17M

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

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 9.15%

Computed WACC: 9.15%

Cost of equity (Re)9.17%(Rf 4.30% + β 0.89 × 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)99.83%

Debt weight (D/V)0.17%

Results

Intrinsic Value / share$-72.00

Current Price$17.56

Upside / Downside-510.1%

Net Debt (used)-$111.06M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-74.51	$-90.79	$-109.73	$-131.66	$-156.91
8.0%	$-60.19	$-73.29	$-88.51	$-106.11	$-126.35
9.0%	$-50.26	$-61.17	$-73.83	$-88.44	$-105.22
10.0%	$-42.97	$-52.28	$-63.06	$-75.49	$-89.75
11.0%	$-37.39	$-45.48	$-54.83	$-65.60	$-77.94

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-13.42

Book Value / share($)Yahoo: $5.13

Results

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

Graham Number—

Current Price$17.56

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 9.15%

Terminal growth rate(%)

Computed WACC: 9.15%

Cost of equity (Re)9.17%(Rf 4.30% + β 0.89 × 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)99.83%

Debt weight (D/V)0.17%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$17.56

Implied Near-term FCF Growth—

Historical Revenue Growth—

Historical Earnings Growth—

Base FCF (TTM)-$84.17M

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$17.56

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$66.10M

Target EV/EBITDA multipleCurrent: -3.1×

Net Debt($B)Default: -$111.06M

Results

Implied Equity Value / share$17.14

Current Price$17.56

Upside / Downside-2.4%

Implied EV$206.29M

← Overview Financial Statements ← Companies