CWD — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($1.27)
DCF	$108.51	+8444.1%
Graham Number	—	—
Reverse DCF	—	implied g: -20.0%
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $43.33M

Near-term growth (yrs 1–5)(%)Rev: -67.8% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 0.36%

Computed WACC: 0.36%

Cost of equity (Re)2.90%(Rf 4.30% + β -0.25 × 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)12.28%

Debt weight (D/V)87.72%

Results

Intrinsic Value / share—

Current Price$1.27

Upside / Downside—

Net Debt (used)$51.67M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$109.51	$133.25	$160.88	$192.85	$229.67
8.0%	$88.62	$107.73	$129.93	$155.59	$185.11
9.0%	$74.14	$90.05	$108.51	$129.82	$154.30
10.0%	$63.51	$77.09	$92.81	$110.93	$131.74
11.0%	$55.37	$67.17	$80.81	$96.51	$114.52

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-19.94

Book Value / share($)Yahoo: $0.77

Results

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

Graham Number—

Current Price$1.27

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 0.36%

Terminal growth rate(%)

Computed WACC: 0.36%

Cost of equity (Re)2.90%(Rf 4.30% + β -0.25 × 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)12.28%

Debt weight (D/V)87.72%

Results

Current Price$1.27

Implied Near-term FCF Growth65.0%

Historical Revenue Growth-67.8%

Historical Earnings Growth—

Base FCF (TTM)$43.33M

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$1.27

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$8.74M

Target EV/EBITDA multipleCurrent: -7.0×

Net Debt($B)Default: $51.67M

Results

Implied Equity Value / share$1.45

Current Price$1.27

Upside / Downside+14.6%

Implied EV$61.18M

← Overview Financial Statements ← Companies