DSP — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($10.13)
DCF	$20.47	+102.0%
Graham Number	$1.78	-82.5%
Reverse DCF	—	implied g: -20.0%
DDM	—	—
EV/EBITDA	$24.22	+139.1%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $10.21M

Near-term growth (yrs 1–5)(%)Rev: 7.1% / EPS: -33.3%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 9.63%

Computed WACC: 9.63%

Cost of equity (Re)9.96%(Rf 4.30% + β 1.03 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)96.60%

Debt weight (D/V)3.40%

Results

Intrinsic Value / share$19.34

Current Price$10.13

Upside / Downside+90.9%

Net Debt (used)-$138.66M

Sensitivity: WACC (rows) × Near-term g (cols)

WACC \ Near-term	-0.9%	3.1%	7.1%	11.1%	15.1%
7.0%	$20.69	$23.16	$26.03	$29.34	$33.14
8.0%	$18.45	$20.43	$22.73	$25.38	$28.42
9.0%	$16.89	$18.54	$20.45	$22.64	$25.16
10.0%	$15.75	$17.16	$18.77	$20.64	$22.77
11.0%	$14.88	$16.10	$17.50	$19.11	$20.95

2 — Graham Number

Assumptions

MultiplierGraham used 22.5 (15× P/E × 1.5× P/B)

EPS (trailing)($)Yahoo: $0.10

Book Value / share($)Yahoo: $1.40

Results

Graham Number$1.78

Current Price$10.13

Margin of Safety-82.5%

Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 9.63%

Terminal growth rate(%)

Computed WACC: 9.63%

Cost of equity (Re)9.96%(Rf 4.30% + β 1.03 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)96.60%

Debt weight (D/V)3.40%

Results

Current Price$10.13

Implied Near-term FCF Growth-20.0%

Historical Revenue Growth7.1%

Historical Earnings Growth-33.3%

Base FCF (TTM)$10.21M

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

Annual dividend D0($/share)Yahoo: —

Dividend growth rate (g)(%)

Required return (r)(%)

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$10.13

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $23.09M

Target EV/EBITDA multipleCurrent: 11.5×

Net Debt($B)Default: -$138.66M

Results

Implied Equity Value / share$24.22

Current Price$10.13

Upside / Downside+139.1%

Implied EV$265.39M

Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)

Mult \ Net Debt	-$2.14B	-$1.14B	-$138.66M	$861.34M	$1.86B
7.5x	$138.60	$78.64	$18.69	$-41.27	$-101.22
9.5x	$141.37	$81.41	$21.46	$-38.50	$-98.46
11.5x	$144.14	$84.18	$24.22	$-35.73	$-95.69
13.5x	$146.91	$86.95	$26.99	$-32.96	$-92.92
15.5x	$149.67	$89.72	$29.76	$-30.19	$-90.15

← Overview Financial Statements ← Companies