CXW — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($18.19)
DCF	$-14.51	-179.8%
Graham Number	$18.47	+1.6%
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	$18.19	+0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$1.17M

Near-term growth (yrs 1–5)(%)Rev: 26.0% / EPS: 42.4%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 6.50%

Computed WACC: 6.50%

Cost of equity (Re)7.91%(Rf 4.30% + β 0.66 × ERP 5.50%)

Cost of debt (Rd)5.71%(interest expense ÷ avg debt (SEC))

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)58.47%

Debt weight (D/V)41.53%

Results

Intrinsic Value / share$-15.88

Current Price$18.19

Upside / Downside-187.3%

Net Debt (used)$1.25B

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

WACC \ Near-term	34.4%	38.4%	42.4%	46.4%	50.4%
7.0%	$-14.82	$-15.13	$-15.48	$-15.86	$-16.30
8.0%	$-14.39	$-14.63	$-14.90	$-15.21	$-15.54
9.0%	$-14.10	$-14.29	$-14.51	$-14.76	$-15.03
10.0%	$-13.89	$-14.05	$-14.23	$-14.43	$-14.66
11.0%	$-13.73	$-13.86	$-14.02	$-14.19	$-14.38

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $1.08

Book Value / share($)Yahoo: $14.04

Results

Graham Number$18.47

Current Price$18.19

Margin of Safety+1.6%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 6.50%

Terminal growth rate(%)

Computed WACC: 6.50%

Cost of equity (Re)7.91%(Rf 4.30% + β 0.66 × ERP 5.50%)

Cost of debt (Rd)5.71%(interest expense ÷ avg debt (SEC))

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)58.47%

Debt weight (D/V)41.53%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$18.19

Implied Near-term FCF Growth—

Historical Revenue Growth26.0%

Historical Earnings Growth42.4%

Base FCF (TTM)-$1.17M

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$18.19

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $350.97M

Target EV/EBITDA multipleCurrent: 8.6×

Net Debt($B)Default: $1.25B

Results

Implied Equity Value / share$18.19

Current Price$18.19

Upside / Downside+0.0%

Implied EV$3.03B

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

Mult \ Net Debt	$1.25B	$1.25B	$1.25B	$1.25B	$1.25B
4.6x	$3.82	$3.82	$3.82	$3.82	$3.82
6.6x	$11.01	$11.01	$11.01	$11.01	$11.01
8.6x	$18.19	$18.19	$18.19	$18.19	$18.19
10.6x	$25.38	$25.38	$25.38	$25.38	$25.38
12.6x	$32.56	$32.56	$32.56	$32.56	$32.56

← Overview Financial Statements ← Companies