DV — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($10.48)
DCF	$85.18	+712.8%
Graham Number	$6.39	-39.0%
Reverse DCF	—	implied g: -6.9%
DDM	—	—
EV/EBITDA	$10.54	+0.5%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $175.74M

Near-term growth (yrs 1–5)(%)Rev: 7.9% / EPS: 31.1%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 9.22%

Computed WACC: 9.22%

Cost of equity (Re)9.68%(Rf 4.30% + β 0.98 × ERP 5.50%)

Cost of debt (Rd)1.74%(interest expense ÷ avg debt (SEC))

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

Equity weight (E/V)94.51%

Debt weight (D/V)5.49%

Results

Intrinsic Value / share$81.97

Current Price$10.48

Upside / Downside+682.2%

Net Debt (used)-$159.49M

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

WACC \ Near-term	23.1%	27.1%	31.1%	35.1%	39.1%
7.0%	$97.11	$113.25	$131.52	$152.13	$175.29
8.0%	$77.08	$89.76	$104.11	$120.28	$138.45
9.0%	$63.36	$73.67	$85.33	$98.47	$113.22
10.0%	$53.41	$62.00	$71.72	$82.66	$94.94
11.0%	$45.89	$53.20	$61.45	$70.73	$81.15

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $0.26

Book Value / share($)Yahoo: $6.99

Results

Graham Number$6.39

Current Price$10.48

Margin of Safety-39.0%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 9.22%

Terminal growth rate(%)

Computed WACC: 9.22%

Cost of equity (Re)9.68%(Rf 4.30% + β 0.98 × ERP 5.50%)

Cost of debt (Rd)1.74%(interest expense ÷ avg debt (SEC))

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

Equity weight (E/V)94.51%

Debt weight (D/V)5.49%

Results

Current Price$10.48

Implied Near-term FCF Growth-6.4%

Historical Revenue Growth7.9%

Historical Earnings Growth31.1%

Base FCF (TTM)$175.74M

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$10.48

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $121.88M

Target EV/EBITDA multipleCurrent: 12.6×

Net Debt($B)Default: -$159.49M

Results

Implied Equity Value / share$10.54

Current Price$10.48

Upside / Downside+0.5%

Implied EV$1.54B

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

Mult \ Net Debt	-$2.16B	-$1.16B	-$159.49M	$840.51M	$1.84B
8.6x	$19.93	$13.72	$7.51	$1.30	$-4.90
10.6x	$21.44	$15.23	$9.02	$2.82	$-3.39
12.6x	$22.95	$16.74	$10.54	$4.33	$-1.88
14.6x	$24.46	$18.26	$12.05	$5.84	$-0.36
16.6x	$25.98	$19.77	$13.56	$7.36	$1.15

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