EM

EM — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($1.13)
DCF$-3.99-453.2%
Graham Number
Reverse DCF
DDM
EV/EBITDA$2.65+134.1%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: -$145.84M
Rev: 11.7% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-4.02
Current Price$1.13
Upside / Downside-455.8%
Net Debt (used)-$2.92B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term3.7%7.7%11.7%15.7%19.7%
7.0%$-4.83$-8.37$-12.46$-17.15$-22.52
8.0%$-1.38$-4.20$-7.46$-11.21$-15.48
9.0%$1.01$-1.33$-4.02$-7.11$-10.63
10.0%$2.75$0.77$-1.51$-4.11$-7.09
11.0%$4.07$2.37$0.41$-1.84$-4.39

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-0.01
Yahoo: $1.53

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$1.13
Margin of Safety
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$1.13
Implied Near-term FCF Growth
Historical Revenue Growth11.7%
Historical Earnings Growth
Base FCF (TTM)-$145.84M
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: —

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$1.13
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $80.14M
Current: -29.3×
Default: -$2.92B

Results

Implied Equity Value / share$2.65
Current Price$1.13
Upside / Downside+134.1%
Implied EV-$2.35B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$4.92B-$3.92B-$2.92B-$1.92B-$920.59M
-33.3x$10.40$5.78$1.17$-3.45$-8.07
-31.3x$11.14$6.52$1.91$-2.71$-7.33
-29.3x$11.88$7.26$2.65$-1.97$-6.59
-27.3x$12.62$8.00$3.39$-1.23$-5.85
-25.3x$13.36$8.74$4.13$-0.49$-5.11