ESEA

ESEA — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($68.45)
DCF$1245.08+1719.0%
Graham Number$160.27+134.1%
Reverse DCFimplied g: 11.9%
DDM$61.80-9.7%
EV/EBITDA$68.92+0.7%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $19.76M
Rev: 7.7% / EPS: 65.8%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$1245.08
Current Price$68.45
Upside / Downside+1719.0%
Net Debt (used)$40.35M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term57.8%61.8%65.8%69.8%73.8%
7.0%$1568.51$1776.58$2006.17$2258.90$2536.49
8.0%$1214.78$1375.73$1553.31$1748.76$1963.40
9.0%$974.01$1102.90$1245.08$1401.56$1573.38
10.0%$800.71$906.54$1023.25$1151.69$1292.71
11.0%$670.84$759.38$857.02$964.46$1082.40

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $17.38
Yahoo: $65.68

Results

Graham Number$160.27
Current Price$68.45
Margin of Safety+134.1%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$68.45
Implied Near-term FCF Growth11.9%
Historical Revenue Growth7.7%
Historical Earnings Growth65.8%
Base FCF (TTM)$19.76M
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: $3.00

Results

DDM Intrinsic Value / share$61.80
Current Price$68.45
Upside / Downside-9.7%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $156.06M
Current: 3.4×
Default: $40.35M

Results

Implied Equity Value / share$68.92
Current Price$68.45
Upside / Downside+0.7%
Implied EV$523.25M
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.96B-$959.65M$40.35M$1.04B$2.04B
-0.6x$265.28$122.55$-20.17$-162.89$-305.61
1.4x$309.82$167.10$24.38$-118.35$-261.07
3.4x$354.37$211.64$68.92$-73.80$-216.52
5.4x$398.91$256.19$113.47$-29.26$-171.98
7.4x$443.46$300.73$158.01$15.29$-127.43