DHY

DHY — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($1.94)
DCF$-0.52-126.7%
Graham Number$2.40+23.9%
Reverse DCFimplied g: 40.4%
DDM$3.91+101.8%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $2.34M
Rev: -3.2% / EPS: -28.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-0.52
Current Price$1.94
Upside / Downside-126.7%
Net Debt (used)$94.80M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-0.52$-0.43$-0.34$-0.23$-0.11
8.0%$-0.59$-0.52$-0.45$-0.36$-0.26
9.0%$-0.64$-0.58$-0.52$-0.45$-0.36
10.0%$-0.67$-0.63$-0.57$-0.51$-0.44
11.0%$-0.70$-0.66$-0.61$-0.56$-0.50

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.12
Yahoo: $2.14

Results

Graham Number$2.40
Current Price$1.94
Margin of Safety+23.9%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$1.94
Implied Near-term FCF Growth40.4%
Historical Revenue Growth-3.2%
Historical Earnings Growth-28.0%
Base FCF (TTM)$2.34M
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: $0.19

Results

DDM Intrinsic Value / share$3.91
Current Price$1.94
Upside / Downside+101.8%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $94.80M

Results

Implied Equity Value / share$-0.91
Current Price$1.94
Upside / Downside-147.2%
Implied EV$0