EMD

EMD — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($11.08)
DCF$1427.70+12785.4%
Graham Number$18.23+64.5%
Reverse DCFimplied g: 10.4%
DDM$23.48+111.9%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $36.13M
Rev: -1.6% / EPS: 104.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$1427.70
Current Price$11.08
Upside / Downside+12785.4%
Net Debt (used)$227.34M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term96.0%100.0%104.0%108.0%112.0%
7.0%$1919.02$2122.86$2343.64$2582.41$2840.23
8.0%$1472.18$1628.53$1797.88$1981.01$2178.75
9.0%$1169.09$1293.24$1427.70$1573.10$1730.10
10.0%$951.78$1052.85$1162.30$1280.66$1408.45
11.0%$789.60$873.44$964.24$1062.41$1168.41

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.38
Yahoo: $10.70

Results

Graham Number$18.23
Current Price$11.08
Margin of Safety+64.5%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$11.08
Implied Near-term FCF Growth10.4%
Historical Revenue Growth-1.6%
Historical Earnings Growth104.0%
Base FCF (TTM)$36.13M
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: $1.14

Results

DDM Intrinsic Value / share$23.48
Current Price$11.08
Upside / Downside+111.9%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $227.34M

Results

Implied Equity Value / share$-3.91
Current Price$11.08
Upside / Downside-135.3%
Implied EV$0