CX

CX — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($12.15)
DCF$16.41+35.0%
Graham Number$2.18-82.0%
Reverse DCFimplied g: 6.6%
DDM$1.85-84.7%
EV/EBITDA$121.54+900.3%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $1.21B
Rev: 10.6% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$16.41
Current Price$12.15
Upside / Downside+35.0%
Net Debt (used)$5.64B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term2.6%6.6%10.6%14.6%18.6%
7.0%$17.22$21.33$26.08$31.55$37.81
8.0%$13.28$16.56$20.36$24.72$29.71
9.0%$10.55$13.27$16.41$20.01$24.12
10.0%$8.56$10.87$13.52$16.57$20.04
11.0%$7.04$9.03$11.32$13.95$16.94

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.27
Yahoo: $0.78

Results

Graham Number$2.18
Current Price$12.15
Margin of Safety-82.0%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$12.15
Implied Near-term FCF Growth6.6%
Historical Revenue Growth10.6%
Historical Earnings Growth
Base FCF (TTM)$1.21B
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: $0.09

Results

DDM Intrinsic Value / share$1.85
Current Price$12.15
Upside / Downside-84.7%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $2.79B
Current: 65.2×
Default: $5.64B

Results

Implied Equity Value / share$121.54
Current Price$12.15
Upside / Downside+900.3%
Implied EV$181.97B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$3.64B$4.64B$5.64B$6.64B$7.64B
61.2x$115.23$114.54$113.85$113.16$112.47
63.2x$119.07$118.39$117.70$117.01$116.32
65.2x$122.92$122.23$121.54$120.85$120.16
67.2x$126.76$126.08$125.39$124.70$124.01
69.2x$130.61$129.92$129.23$128.54$127.85