BEKE

BEKE — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($16.45)
DCF$45.59+177.1%
Graham Number$9.17-44.2%
Reverse DCFimplied g: -20.0%
DDM$7.42-54.9%
EV/EBITDA$52.33+218.1%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $1.20B
Rev: 2.1% / EPS: -33.3%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$45.59
Current Price$16.45
Upside / Downside+177.1%
Net Debt (used)-$27.89B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$45.76$49.76$54.42$59.82$66.03
8.0%$42.23$45.46$49.20$53.53$58.51
9.0%$39.79$42.47$45.59$49.18$53.31
10.0%$38.00$40.29$42.94$46.00$49.51
11.0%$36.62$38.61$40.91$43.56$46.60

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.43
Yahoo: $8.69

Results

Graham Number$9.17
Current Price$16.45
Margin of Safety-44.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$16.45
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth2.1%
Historical Earnings Growth-33.3%
Base FCF (TTM)$1.20B
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: $0.36

Results

DDM Intrinsic Value / share$7.42
Current Price$16.45
Upside / Downside-54.9%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $4.49B
Current: 6.3×
Default: -$27.89B

Results

Implied Equity Value / share$52.33
Current Price$16.45
Upside / Downside+218.1%
Implied EV$28.36B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$41.89B-$34.89B-$27.89B-$20.89B-$13.89B
2.3x$48.64$42.13$35.62$29.11$22.60
4.3x$57.00$50.49$43.97$37.46$30.95
6.3x$65.35$58.84$52.33$45.82$39.30
8.3x$73.71$67.19$60.68$54.17$47.66
10.3x$82.06$75.55$69.04$62.53$56.01