DSM

DSM — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($6.19)
DCF$1.33-78.5%
Graham Number
Reverse DCFimplied g: 26.5%
DDM$5.56-10.1%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $7.05M
Rev: 1.5% / EPS: 11.7%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$1.34
Current Price$6.19
Upside / Downside-78.4%
Net Debt (used)$117.16M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term3.7%7.7%11.7%15.7%19.7%
7.0%$1.51$2.26$3.12$4.12$5.25
8.0%$0.78$1.37$2.06$2.86$3.76
9.0%$0.27$0.77$1.34$1.99$2.73
10.0%$-0.10$0.32$0.80$1.36$1.99
11.0%$-0.38$-0.02$0.40$0.87$1.41

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-0.11
Yahoo: $6.55

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$6.19
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$6.19
Implied Near-term FCF Growth26.5%
Historical Revenue Growth1.5%
Historical Earnings Growth11.7%
Base FCF (TTM)$7.05M
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: $0.27

Results

DDM Intrinsic Value / share$5.56
Current Price$6.19
Upside / Downside-10.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $117.16M

Results

Implied Equity Value / share$-2.37
Current Price$6.19
Upside / Downside-138.3%
Implied EV$0