CM

CM — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($101.05)
DCF$6.76-93.3%
Graham Number$84.52-16.4%
Reverse DCF
DDM$64.27-36.4%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: 16.7% / EPS: 46.6%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$6.76
Current Price$101.05
Upside / Downside-93.3%
Net Debt (used)-$6.26B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term38.6%42.6%46.6%50.6%54.6%
7.0%$6.76$6.76$6.76$6.76$6.76
8.0%$6.76$6.76$6.76$6.76$6.76
9.0%$6.76$6.76$6.76$6.76$6.76
10.0%$6.76$6.76$6.76$6.76$6.76
11.0%$6.76$6.76$6.76$6.76$6.76

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $6.27
Yahoo: $50.64

Results

Graham Number$84.52
Current Price$101.05
Margin of Safety-16.4%
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$101.05
Implied Near-term FCF Growth
Historical Revenue Growth16.7%
Historical Earnings Growth46.6%
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: $3.12

Results

DDM Intrinsic Value / share$64.27
Current Price$101.05
Upside / Downside-36.4%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: -$6.26B

Results

Implied Equity Value / share$6.76
Current Price$101.05
Upside / Downside-93.3%
Implied EV$0