EQH-PA

EQH-PA — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($20.73)
DCF$-162774121535.80-785210427190.2%
Graham Number
Reverse DCF
DDM$26.99+30.2%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: -$9.66B
Rev: -14.2% / EPS: -74.4%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-162774121535.80
Current Price$20.73
Upside / Downside-785210427190.2%
Net Debt (used)-$6.76B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-164230556791.96$-198808654989.77$-239036223977.48$-285595132204.64$-339220507355.35
8.0%$-133804920448.49$-161636132764.12$-193965382664.06$-231332784278.15$-274320515124.89
9.0%$-112721157354.09$-135895150579.51$-162774121535.80$-193800675721.85$-229451787130.45
10.0%$-97243317386.41$-117013341858.77$-139910134726.55$-166305312421.15$-196599262985.54
11.0%$-85393504860.73$-102570029486.66$-122433989945.05$-145303150217.61$-171519804433.81

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $3.80
Yahoo: $-4.03

Results

Graham Number requires positive EPS and positive Book Value per share. BVPS is zero or negative.
Graham Number
Current Price$20.73
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$20.73
Implied Near-term FCF Growth
Historical Revenue Growth-14.2%
Historical Earnings Growth-74.4%
Base FCF (TTM)-$9.66B
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: $1.31

Results

DDM Intrinsic Value / share$26.99
Current Price$20.73
Upside / Downside+30.2%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: -$127.00M
Current: -15.6×
Default: -$6.76B

Results

Implied Equity Value / share$8747169512.00
Current Price$20.73
Upside / Downside+42195704251.2%
Implied EV$1.99B