Interactive models with editable assumptions. All calculations run client-side.
Valuation Summary
Model
Intrinsic Value
vs Price ($81.57)
DCF
$197.03
+141.5%
Graham Number
$30.01
-63.2%
Reverse DCF
—
implied g: 12.6%
DDM
$54.80
-32.8%
EV/EBITDA
$165.09
+102.4%
Values reflect default assumptions. Adjust inputs in each model below to update.
1 — Discounted Cash Flow (DCF)
Assumptions
Yahoo: $8.14B
Rev: 10.8% / EPS: 27.5%
Default: 9% (no SEC data)
Results
Intrinsic Value / share$197.39
Current Price$81.57
Upside / Downside+142.0%
Net Debt (used)$15.69B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term
19.5%
23.5%
27.5%
31.5%
35.5%
7.0%
$222.63
$262.08
$306.89
$357.58
$414.72
8.0%
$175.59
$206.66
$241.92
$281.80
$326.72
9.0%
$143.34
$168.66
$197.39
$229.85
$266.42
10.0%
$119.92
$141.08
$165.07
$192.17
$222.68
11.0%
$102.21
$120.23
$140.65
$163.70
$189.63
2 — Graham Number
Assumptions
Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $4.03
Yahoo: $9.93
Results
Graham Number$30.01
Current Price$81.57
Margin of Safety-63.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))
3 — Reverse DCF (Implied Growth)
Assumptions
Default: 9% (no SEC data)
Results
Current Price$81.57
Implied Near-term FCF Growth12.6%
Historical Revenue Growth10.8%
Historical Earnings Growth27.5%
Base FCF (TTM)$8.14B
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: $2.66
Results
DDM Intrinsic Value / share$54.80
Current Price$81.57
Upside / Downside-32.8%
Formula: D0 × (1+g) / (r − g)
5 — EV/EBITDA Multiple
Assumptions
Yahoo: $26.29B
Current: 16.5×
Default: $15.69B
Results
Implied Equity Value / share$165.09
Current Price$81.57
Upside / Downside+102.4%
Implied EV$434.87B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)