DSX

DSX — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($2.63)
DCF$-3.42-229.9%
Graham Number$3.91+48.7%
Reverse DCF
DDM$0.82-68.7%
EV/EBITDA$2.52-4.3%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: -8.8% / EPS: -75.4%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-3.42
Current Price$2.63
Upside / Downside-229.9%
Net Debt (used)$395.66M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-3.42$-3.42$-3.42$-3.42$-3.42
8.0%$-3.42$-3.42$-3.42$-3.42$-3.42
9.0%$-3.42$-3.42$-3.42$-3.42$-3.42
10.0%$-3.42$-3.42$-3.42$-3.42$-3.42
11.0%$-3.42$-3.42$-3.42$-3.42$-3.42

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.15
Yahoo: $4.53

Results

Graham Number$3.91
Current Price$2.63
Margin of Safety+48.7%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$2.63
Implied Near-term FCF Growth
Historical Revenue Growth-8.8%
Historical Earnings Growth-75.4%
Base FCF (TTM)
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: $0.04

Results

DDM Intrinsic Value / share$0.82
Current Price$2.63
Upside / Downside-68.7%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $77.94M
Current: 8.8×
Default: $395.66M

Results

Implied Equity Value / share$2.52
Current Price$2.63
Upside / Downside-4.3%
Implied EV$687.10M
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.60B-$604.34M$395.66M$1.40B$2.40B
4.8x$17.10$8.46$-0.18$-8.81$-17.45
6.8x$18.44$9.81$1.17$-7.47$-16.10
8.8x$19.79$11.15$2.52$-6.12$-14.76
10.8x$21.14$12.50$3.86$-4.77$-13.41
12.8x$22.48$13.85$5.21$-3.43$-12.06