BNT

BNT — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($44.91)
DCF$80.88+80.1%
Graham Number$62.41+39.0%
Reverse DCF
DDM$5.77-87.2%
EV/EBITDA$236.19+425.9%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: -46.9% / EPS: -98.3%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$80.88
Current Price$44.91
Upside / Downside+80.1%
Net Debt (used)-$4.85B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$80.88$80.88$80.88$80.88$80.88
8.0%$80.88$80.88$80.88$80.88$80.88
9.0%$80.88$80.88$80.88$80.88$80.88
10.0%$80.88$80.88$80.88$80.88$80.88
11.0%$80.88$80.88$80.88$80.88$80.88

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $3.03
Yahoo: $57.13

Results

Graham Number$62.41
Current Price$44.91
Margin of Safety+39.0%
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$44.91
Implied Near-term FCF Growth
Historical Revenue Growth-46.9%
Historical Earnings Growth-98.3%
Base FCF (TTM)
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: $0.28

Results

DDM Intrinsic Value / share$5.77
Current Price$44.91
Upside / Downside-87.2%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $2.50B
Current: 3.7×
Default: -$4.85B

Results

Implied Equity Value / share$236.19
Current Price$44.91
Upside / Downside+425.9%
Implied EV$9.31B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$6.85B-$5.85B-$4.85B-$3.85B-$2.85B
-0.3x$102.92$86.23$69.55$52.86$36.18
1.7x$186.24$169.56$152.87$136.18$119.50
3.7x$269.57$252.88$236.19$219.51$202.82
5.7x$352.89$336.20$319.51$302.83$286.14
7.7x$436.21$419.52$402.84$386.15$369.46