BEP

BEP — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($31.66)
DCF$-262947397068771712.00-830535050754174848.0%
Graham Number
Reverse DCF
DDM$32.34+2.2%
EV/EBITDA$150.06+374.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: -$4.47B
Rev: 7.5% / EPS: 4758.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-262947397068771712.00
Current Price$31.66
Upside / Downside-830535050754174848.0%
Net Debt (used)$33.95B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term4750.0%4754.0%4758.0%4762.0%4766.0%
7.0%$-444640485105065920.00$-446477081054899584.00$-448319740872916032.00$-450168479562490432.00$-452023312151725184.00
8.0%$-334720381632191744.00$-336102950511591424.00$-337490084203104000.00$-338881794001102336.00$-340278091218573824.00
9.0%$-260789448981528480.00$-261866644742588128.00$-262947397068771712.00$-264031714759822240.00$-265119606629985408.00
10.0%$-208271435451256736.00$-209131704562188640.00$-209994814013964512.00$-210860770834227200.00$-211729582062201728.00
11.0%$-169466073858452288.00$-170166056687945696.00$-170868350642871136.00$-171572961441473376.00$-172279894811421312.00

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-0.25
Yahoo: $13.67

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$31.66
Margin of Safety
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$31.66
Implied Near-term FCF Growth
Historical Revenue Growth7.5%
Historical Earnings Growth4758.0%
Base FCF (TTM)-$4.47B
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: $1.57

Results

DDM Intrinsic Value / share$32.34
Current Price$31.66
Upside / Downside+2.2%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $3.28B
Current: 24.3×
Default: $33.95B

Results

Implied Equity Value / share$150.06
Current Price$31.66
Upside / Downside+374.0%
Implied EV$79.87B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$17.95B$25.95B$33.95B$41.95B$49.95B
20.3x$159.46$133.32$107.17$81.03$54.88
22.3x$180.91$154.76$128.62$102.47$76.33
24.3x$202.35$176.21$150.06$123.92$97.77
26.3x$223.80$197.65$171.51$145.36$119.22
28.3x$245.24$219.10$192.95$166.81$140.66