BIAF — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($1.06)
DCF	$-14.49	-1466.8%
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: -$4.11M

Near-term growth (yrs 1–5)(%)Rev: -38.5% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 15.49%

Computed WACC: 15.49%

Cost of equity (Re)17.70%(Rf 4.30% + β 2.44 × 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)87.50%

Debt weight (D/V)12.50%

Results

Intrinsic Value / share$-6.39

Current Price$1.06

Upside / Downside-702.8%

Net Debt (used)-$6.99M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-14.63	$-17.90	$-21.70	$-26.11	$-31.18
8.0%	$-11.75	$-14.38	$-17.44	$-20.98	$-25.04
9.0%	$-9.75	$-11.94	$-14.49	$-17.42	$-20.80
10.0%	$-8.29	$-10.16	$-12.32	$-14.82	$-17.69
11.0%	$-7.17	$-8.79	$-10.67	$-12.84	$-15.32

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-13.83

Book Value / share($)Yahoo: $2.57

Results

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

Graham Number—

Current Price$1.06

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 15.49%

Terminal growth rate(%)

Computed WACC: 15.49%

Cost of equity (Re)17.70%(Rf 4.30% + β 2.44 × 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)87.50%

Debt weight (D/V)12.50%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$1.06

Implied Near-term FCF Growth—

Historical Revenue Growth-38.5%

Historical Earnings Growth—

Base FCF (TTM)-$4.11M

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$1.06

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$9.85M

Target EV/EBITDA multipleCurrent: 0.2×

Net Debt($B)Default: -$6.99M

Results

Implied Equity Value / share$1.06

Current Price$1.06

Upside / Downside-0.1%

Implied EV-$2.23M

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