BVS — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($8.77)
DCF	$4.42	-49.7%
Graham Number	$2.99	-65.9%
Reverse DCF	—	implied g: 11.8%
DDM	—	—
EV/EBITDA	$9.38	+7.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $33.88M

Near-term growth (yrs 1–5)(%)Rev: -0.2% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 5.23%

Computed WACC: 5.23%

Cost of equity (Re)8.27%(Rf 4.30% + β 0.72 × 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)63.26%

Debt weight (D/V)36.74%

Results

Intrinsic Value / share$16.83

Current Price$8.77

Upside / Downside+91.9%

Net Debt (used)$299.00M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$4.49	$6.30	$8.41	$10.85	$13.66
8.0%	$2.90	$4.36	$6.05	$8.01	$10.26
9.0%	$1.79	$3.01	$4.42	$6.04	$7.91
10.0%	$0.98	$2.02	$3.22	$4.60	$6.19
11.0%	$0.36	$1.26	$2.30	$3.50	$4.87

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $0.16

Book Value / share($)Yahoo: $2.48

Results

Graham Number$2.99

Current Price$8.77

Margin of Safety-65.9%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 5.23%

Terminal growth rate(%)

Computed WACC: 5.23%

Cost of equity (Re)8.27%(Rf 4.30% + β 0.72 × 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)63.26%

Debt weight (D/V)36.74%

Results

Current Price$8.77

Implied Near-term FCF Growth-2.1%

Historical Revenue Growth-0.2%

Historical Earnings Growth—

Base FCF (TTM)$33.88M

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$8.77

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $65.97M

Target EV/EBITDA multipleCurrent: 14.1×

Net Debt($B)Default: $299.00M

Results

Implied Equity Value / share$9.38

Current Price$8.77

Upside / Downside+7.0%

Implied EV$927.53M

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

Mult \ Net Debt	-$1.70B	-$701.00M	$299.00M	$1.30B	$2.30B
10.1x	$35.31	$20.38	$5.44	$-9.49	$-24.42
12.1x	$37.28	$22.35	$7.41	$-7.52	$-22.45
14.1x	$39.25	$24.31	$9.38	$-5.55	$-20.48
16.1x	$41.22	$26.28	$11.35	$-3.58	$-18.51
18.1x	$43.19	$28.25	$13.32	$-1.61	$-16.54

← Overview Financial Statements ← Companies