CRGY — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($11.10)
DCF	$-56.43	-608.6%
Graham Number	—	—
Reverse DCF	—	—
DDM	$9.89	-10.9%
EV/EBITDA	$12.01	+8.3%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$740.88M

Near-term growth (yrs 1–5)(%)Rev: -1.2% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 4.27%

Computed WACC: 4.27%

Cost of equity (Re)10.76%(Rf 4.30% + β 1.18 × 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)39.71%

Debt weight (D/V)60.29%

Results

Intrinsic Value / share$-163.63

Current Price$11.10

Upside / Downside-1574.8%

Net Debt (used)$5.52B

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-56.77	$-64.84	$-74.24	$-85.12	$-97.65
8.0%	$-49.66	$-56.16	$-63.71	$-72.44	$-82.49
9.0%	$-44.73	$-50.15	$-56.43	$-63.67	$-72.00
10.0%	$-41.12	$-45.73	$-51.08	$-57.25	$-64.33
11.0%	$-38.35	$-42.36	$-47.00	$-52.34	$-58.47

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-0.31

Book Value / share($)Yahoo: $15.73

Results

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

Graham Number—

Current Price$11.10

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 4.27%

Terminal growth rate(%)

Computed WACC: 4.27%

Cost of equity (Re)10.76%(Rf 4.30% + β 1.18 × 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)39.71%

Debt weight (D/V)60.29%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$11.10

Implied Near-term FCF Growth—

Historical Revenue Growth-1.2%

Historical Earnings Growth—

Base FCF (TTM)-$740.88M

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: $0.48

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$9.89

Current Price$11.10

Upside / Downside-10.9%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $1.91B

Target EV/EBITDA multipleCurrent: 5.0×

Net Debt($B)Default: $5.52B

Results

Implied Equity Value / share$12.01

Current Price$11.10

Upside / Downside+8.3%

Implied EV$9.47B

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

Mult \ Net Debt	$3.52B	$4.52B	$5.52B	$6.52B	$7.52B
1.0x	$-5.12	$-8.16	$-11.21	$-14.25	$-17.30
3.0x	$6.49	$3.45	$0.40	$-2.64	$-5.69
5.0x	$18.10	$15.06	$12.01	$8.97	$5.92
7.0x	$29.72	$26.67	$23.63	$20.58	$17.53
9.0x	$41.33	$38.28	$35.24	$32.19	$29.15

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