DB

DB — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($34.23)
DCF$62.31+82.0%
Graham Number$64.53+88.5%
Reverse DCF
DDM$24.31-29.0%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: 7.7% / EPS: 399.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$62.31
Current Price$34.23
Upside / Downside+82.0%
Net Debt (used)-$119.06B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term391.0%395.0%399.0%403.0%407.0%
7.0%$62.31$62.31$62.31$62.31$62.31
8.0%$62.31$62.31$62.31$62.31$62.31
9.0%$62.31$62.31$62.31$62.31$62.31
10.0%$62.31$62.31$62.31$62.31$62.31
11.0%$62.31$62.31$62.31$62.31$62.31

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $3.79
Yahoo: $48.83

Results

Graham Number$64.53
Current Price$34.23
Margin of Safety+88.5%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$34.23
Implied Near-term FCF Growth
Historical Revenue Growth7.7%
Historical Earnings Growth399.0%
Base FCF (TTM)
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: $1.18

Results

DDM Intrinsic Value / share$24.31
Current Price$34.23
Upside / Downside-29.0%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: -$119.06B

Results

Implied Equity Value / share$62.31
Current Price$34.23
Upside / Downside+82.0%
Implied EV$0