BRX — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($30.63)
DCF	$672.48	+2095.5%
Graham Number	$16.63	-45.7%
Reverse DCF	—	implied g: 12.1%
DDM	$24.51	-20.0%
EV/EBITDA	$30.63	-0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $548.68M

Near-term growth (yrs 1–5)(%)Rev: 7.7% / EPS: 62.8%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 6.41%

Computed WACC: 6.41%

Cost of equity (Re)10.20%(Rf 4.30% + β 1.07 × 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)62.87%

Debt weight (D/V)37.13%

Results

Intrinsic Value / share$1297.84

Current Price$30.63

Upside / Downside+4137.2%

Net Debt (used)$5.21B

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

WACC \ Near-term	54.8%	58.8%	62.8%	66.8%	70.8%
7.0%	$845.00	$961.15	$1089.53	$1231.11	$1386.86
8.0%	$652.10	$742.02	$841.41	$951.00	$1071.55
9.0%	$520.74	$592.82	$672.48	$760.29	$856.87
10.0%	$426.16	$485.39	$550.84	$622.99	$702.32
11.0%	$355.24	$404.85	$459.65	$520.05	$586.47

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $1.25

Book Value / share($)Yahoo: $9.83

Results

Graham Number$16.63

Current Price$30.63

Margin of Safety-45.7%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 6.41%

Terminal growth rate(%)

Computed WACC: 6.41%

Cost of equity (Re)10.20%(Rf 4.30% + β 1.07 × 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)62.87%

Debt weight (D/V)37.13%

Results

Current Price$30.63

Implied Near-term FCF Growth3.5%

Historical Revenue Growth7.7%

Historical Earnings Growth62.8%

Base FCF (TTM)$548.68M

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: $1.19

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$24.51

Current Price$30.63

Upside / Downside-20.0%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $901.53M

Target EV/EBITDA multipleCurrent: 16.2×

Net Debt($B)Default: $5.21B

Results

Implied Equity Value / share$30.63

Current Price$30.63

Upside / Downside-0.0%

Implied EV$14.60B

Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)

Mult \ Net Debt	$3.21B	$4.21B	$5.21B	$6.21B	$7.21B
12.2x	$25.39	$22.13	$18.87	$15.61	$12.34
14.2x	$31.27	$28.01	$24.75	$21.49	$18.23
16.2x	$37.15	$33.89	$30.63	$27.37	$24.11
18.2x	$43.03	$39.77	$36.51	$33.25	$29.99
20.2x	$48.92	$45.65	$42.39	$39.13	$35.87

← Overview Financial Statements ← Companies