CLX — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($126.81)
DCF	$121.11	-4.5%
Graham Number	—	—
Reverse DCF	—	implied g: 5.7%
DDM	$102.18	-19.4%
EV/EBITDA	$128.13	+1.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $1.00B

Near-term growth (yrs 1–5)(%)Rev: -0.8% / EPS: -16.2%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 6.81%

Computed WACC: 6.81%

Cost of equity (Re)7.64%(Rf 4.30% + β 0.61 × ERP 5.50%)

Cost of debt (Rd)3.54%(interest expense ÷ avg debt (SEC))

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)82.78%

Debt weight (D/V)17.22%

Results

Intrinsic Value / share$196.11

Current Price$126.81

Upside / Downside+54.6%

Net Debt (used)$2.99B

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$122.36	$152.10	$186.71	$226.76	$272.89
8.0%	$96.19	$120.13	$147.94	$180.08	$217.06
9.0%	$78.05	$97.98	$121.11	$147.79	$178.46
10.0%	$64.74	$81.74	$101.44	$124.14	$150.20
11.0%	$54.54	$69.32	$86.40	$106.08	$128.63

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $6.09

Book Value / share($)Yahoo: $-1.03

Results

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

Graham Number—

Current Price$126.81

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 6.81%

Terminal growth rate(%)

Computed WACC: 6.81%

Cost of equity (Re)7.64%(Rf 4.30% + β 0.61 × ERP 5.50%)

Cost of debt (Rd)3.54%(interest expense ÷ avg debt (SEC))

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)82.78%

Debt weight (D/V)17.22%

Results

Current Price$126.81

Implied Near-term FCF Growth-1.0%

Historical Revenue Growth-0.8%

Historical Earnings Growth-16.2%

Base FCF (TTM)$1.00B

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: $4.96

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$102.18

Current Price$126.81

Upside / Downside-19.4%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $1.23B

Target EV/EBITDA multipleCurrent: 15.1×

Net Debt($B)Default: $2.99B

Results

Implied Equity Value / share$128.13

Current Price$126.81

Upside / Downside+1.0%

Implied EV$18.48B

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

Mult \ Net Debt	$990.00M	$1.99B	$2.99B	$3.99B	$4.99B
11.1x	$104.05	$95.78	$87.51	$79.24	$70.97
13.1x	$124.36	$116.09	$107.82	$99.55	$91.28
15.1x	$144.67	$136.40	$128.13	$119.86	$111.59
17.1x	$164.98	$156.71	$148.44	$140.17	$131.90
19.1x	$185.30	$177.03	$168.76	$160.49	$152.22

← Overview Financial Statements ← Companies