CON

CON — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($23.72)
DCF$318.94+1244.6%
Graham Number$8.97-62.2%
Reverse DCFimplied g: 19.2%
DDM$5.15-78.3%
EV/EBITDA$24.26+2.3%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $126.63M
Rev: 15.9% / EPS: 60.1%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$318.36
Current Price$23.72
Upside / Downside+1242.2%
Net Debt (used)$2.02B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term52.1%56.1%60.1%64.1%68.1%
7.0%$399.35$456.28$519.32$588.94$665.65
8.0%$306.82$350.94$399.78$453.72$513.14
9.0%$243.79$279.19$318.36$361.62$409.28
10.0%$198.38$227.50$259.72$295.29$334.47
11.0%$164.32$188.73$215.73$245.54$278.37

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.17
Yahoo: $3.06

Results

Graham Number$8.97
Current Price$23.72
Margin of Safety-62.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$23.72
Implied Near-term FCF Growth19.2%
Historical Revenue Growth15.9%
Historical Earnings Growth60.1%
Base FCF (TTM)$126.63M
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: $0.25

Results

DDM Intrinsic Value / share$5.15
Current Price$23.72
Upside / Downside-78.3%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $421.37M
Current: 12.2×
Default: $2.02B

Results

Implied Equity Value / share$24.26
Current Price$23.72
Upside / Downside+2.3%
Implied EV$5.13B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$24.90M$1.02B$2.02B$3.02B$4.02B
8.2x$26.71$18.91$11.11$3.31$-4.50
10.2x$33.29$25.48$17.68$9.88$2.08
12.2x$39.86$32.06$24.26$16.46$8.65
14.2x$46.44$38.63$30.83$23.03$15.23
16.2x$53.01$45.21$37.41$29.61$21.80