DLR-PL

DLR-PL — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($20.70)
DCF$52534192078.46+253788367428.8%
Graham Number$83.82+304.9%
Reverse DCFimplied g: -7.1%
DDM$26.78+29.4%
EV/EBITDA$9764122048.00+47169671629.5%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $1.96B
Rev: 17.1% / EPS: -53.4%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$52653069335.80
Current Price$20.70
Upside / Downside+254362653696.1%
Net Debt (used)$16.80B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term9.1%13.1%17.1%21.1%25.1%
7.0%$57818012161.22$71704763342.05$87640830053.43$105848046967.85$126563792181.89
8.0%$43242833488.54$54270050021.00$66913554405.56$81347710278.25$97759073578.17
9.0%$33208157877.57$42271007913.30$52653069335.80$64496165214.07$77952015051.16
10.0%$25893943498.22$33528591533.06$42266784888.42$52226745370.60$63534927090.77
11.0%$20336946391.76$26889565929.11$34382612156.79$42916474481.53$52598518113.23

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $4.83
Yahoo: $64.60

Results

Graham Number$83.82
Current Price$20.70
Margin of Safety+304.9%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$20.70
Implied Near-term FCF Growth-7.1%
Historical Revenue Growth17.1%
Historical Earnings Growth-53.4%
Base FCF (TTM)$1.96B
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: $1.30

Results

DDM Intrinsic Value / share$26.78
Current Price$20.70
Upside / Downside+29.4%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $2.78B
Current: 9.6×
Default: $16.80B

Results

Implied Equity Value / share$9764122048.00
Current Price$20.70
Upside / Downside+47169671629.5%
Implied EV$26.56B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$8.80B$12.80B$16.80B$20.80B$24.80B
5.6x$6645786048.00$2645786048.00$-1354213952.00$-5354213952.00$-9354213952.00
7.6x$12204954048.00$8204954048.00$4204954048.00$204954048.00$-3795045952.00
9.6x$17764122048.00$13764122048.00$9764122048.00$5764122048.00$1764122048.00
11.6x$23323290048.00$19323290048.00$15323290048.00$11323290048.00$7323290048.00
13.6x$28882458048.00$24882458048.00$20882458048.00$16882458048.00$12882458048.00