CYH — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($3.39)
DCF	$-27.75	-918.6%
Graham Number	—	—
Reverse DCF	—	implied g: 13.3%
DDM	—	—
EV/EBITDA	$7.30	+115.2%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $395.25M

Near-term growth (yrs 1–5)(%)Rev: -4.9% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 0.66%

Computed WACC: 0.66%

Cost of equity (Re)15.97%(Rf 4.30% + β 2.12 × 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)4.12%

Debt weight (D/V)95.88%

Results

Intrinsic Value / share—

Current Price$3.39

Upside / Downside—

Net Debt (used)$10.78B

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-27.32	$-17.10	$-5.22	$8.54	$24.39
8.0%	$-36.31	$-28.09	$-18.53	$-7.49	$5.21
9.0%	$-42.54	$-35.69	$-27.75	$-18.58	$-8.05
10.0%	$-47.11	$-41.27	$-34.51	$-26.71	$-17.75
11.0%	$-50.61	$-45.54	$-39.67	$-32.91	$-25.17

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $2.45

Book Value / share($)Yahoo: $-10.41

Results

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

Graham Number—

Current Price$3.39

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 0.66%

Terminal growth rate(%)

Computed WACC: 0.66%

Cost of equity (Re)15.97%(Rf 4.30% + β 2.12 × 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)4.12%

Debt weight (D/V)95.88%

Results

Current Price$3.39

Implied Near-term FCF Growth65.0%

Historical Revenue Growth-4.9%

Historical Earnings Growth—

Base FCF (TTM)$395.25M

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$3.39

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $1.45B

Target EV/EBITDA multipleCurrent: 8.2×

Net Debt($B)Default: $10.78B

Results

Implied Equity Value / share$7.30

Current Price$3.39

Upside / Downside+115.2%

Implied EV$11.79B

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

Mult \ Net Debt	$4.78B	$7.78B	$10.78B	$13.78B	$16.78B
4.2x	$8.85	$-12.80	$-34.46	$-56.12	$-77.78
6.2x	$29.73	$8.08	$-13.58	$-35.24	$-56.90
8.2x	$50.61	$28.95	$7.30	$-14.36	$-36.02
10.2x	$71.49	$49.83	$28.17	$6.52	$-15.14
12.2x	$92.37	$70.71	$49.05	$27.39	$5.74

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