DX — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($14.03)
DCF	$-66.98	-577.4%
Graham Number	$27.36	+95.0%
Reverse DCF	—	—
DDM	$42.02	+199.5%
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: —

Near-term growth (yrs 1–5)(%)Rev: 234.8% / EPS: 92.3%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 1.61%

Computed WACC: 1.61%

Cost of equity (Re)9.59%(Rf 4.30% + β 0.96 × 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)16.76%

Debt weight (D/V)83.24%

Results

Intrinsic Value / share—

Current Price$14.03

Upside / Downside—

Net Debt (used)$13.37B

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

WACC \ Near-term	226.8%	230.8%	234.8%	238.8%	242.8%
7.0%	$-66.98	$-66.98	$-66.98	$-66.98	$-66.98
8.0%	$-66.98	$-66.98	$-66.98	$-66.98	$-66.98
9.0%	$-66.98	$-66.98	$-66.98	$-66.98	$-66.98
10.0%	$-66.98	$-66.98	$-66.98	$-66.98	$-66.98
11.0%	$-66.98	$-66.98	$-66.98	$-66.98	$-66.98

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $2.47

Book Value / share($)Yahoo: $13.47

Results

Graham Number$27.36

Current Price$14.03

Margin of Safety+95.0%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 1.61%

Terminal growth rate(%)

Computed WACC: 1.61%

Cost of equity (Re)9.59%(Rf 4.30% + β 0.96 × 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)16.76%

Debt weight (D/V)83.24%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$14.03

Implied Near-term FCF Growth—

Historical Revenue Growth234.8%

Historical Earnings Growth92.3%

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

Annual dividend D0($/share)Yahoo: $2.04

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$42.02

Current Price$14.03

Upside / Downside+199.5%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: —

Target EV/EBITDA multipleCurrent: —×

Net Debt($B)Default: $13.37B

Results

Implied Equity Value / share$-66.98

Current Price$14.03

Upside / Downside-577.4%

Implied EV$0

← Overview Financial Statements ← Companies