DEFT

DEFT — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($0.69)
DCF$13.85+1895.0%
Graham Number$0.26-63.0%
Reverse DCFimplied g: -20.0%
DDM
EV/EBITDA$0.71+2.5%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $298.24M
Rev: -20.0% / EPS: -75.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$13.85
Current Price$0.69
Upside / Downside+1895.0%
Net Debt (used)-$108.88M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$13.97$16.74$19.96$23.68$27.97
8.0%$11.53$13.76$16.35$19.34$22.78
9.0%$9.85$11.70$13.85$16.33$19.19
10.0%$8.61$10.19$12.02$14.13$16.56
11.0%$7.66$9.03$10.62$12.45$14.55

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.01
Yahoo: $0.29

Results

Graham Number$0.26
Current Price$0.69
Margin of Safety-63.0%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$0.69
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth-20.0%
Historical Earnings Growth-75.0%
Base FCF (TTM)$298.24M
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: —

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$0.69
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $21.19M
Current: 7.8×
Default: -$108.88M

Results

Implied Equity Value / share$0.71
Current Price$0.69
Upside / Downside+2.5%
Implied EV$165.80M
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.11B-$1.11B-$108.88M$891.12M$1.89B
3.8x$5.68$3.08$0.49$-2.10$-4.69
5.8x$5.79$3.19$0.60$-1.99$-4.58
7.8x$5.89$3.30$0.71$-1.88$-4.47
9.8x$6.00$3.41$0.82$-1.77$-4.36
11.8x$6.11$3.52$0.93$-1.66$-4.25