BNR

BNR — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($21.98)
DCF$63.67+189.7%
Graham Number
Reverse DCFimplied g: -20.0%
DDM
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $8.22M
Rev: 2.3% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$63.67
Current Price$21.98
Upside / Downside+189.7%
Net Debt (used)-$430.81M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$63.81$67.06$70.86$75.25$80.30
8.0%$60.94$63.56$66.61$70.13$74.18
9.0%$58.95$61.13$63.67$66.59$69.95
10.0%$57.49$59.35$61.51$64.00$66.86
11.0%$56.37$57.99$59.87$62.02$64.49

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-1.68
Yahoo: $7.39

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$21.98
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$21.98
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth2.3%
Historical Earnings Growth
Base FCF (TTM)$8.22M
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: —

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$21.98
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: -$98.27M
Current: -19.7×
Default: -$430.81M

Results

Implied Equity Value / share$262.14
Current Price$21.98
Upside / Downside+1092.6%
Implied EV$1.94B