ET-PI

ET-PI — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($12.08)
DCF$88300663051.97+730760076136.5%
Graham Number
Reverse DCFimplied g: 14.9%
DDM$17.30+43.2%
EV/EBITDA$59811528869.89+494989231986.1%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $2.21B
Rev: 29.6% / EPS: -15.2%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$88300663051.97
Current Price$12.08
Upside / Downside+730760076136.6%
Net Debt (used)$68.82B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term21.6%25.6%29.6%33.6%37.6%
7.0%$109217274416.33$139445459566.68$173707416204.07$212397014802.06$255933050001.95
8.0%$72329837587.85$96099168676.33$123026707640.79$153420123961.71$187606528586.44
9.0%$47045449014.93$66393388287.04$88300663051.97$113016014114.28$140803877061.06
10.0%$28705335382.84$44851033236.78$63122734093.59$83726565044.21$106881639727.87
11.0%$14844502831.62$28574147030.75$44103193572.60$61605673562.96$81266565813.36

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: —
Yahoo: $9.02

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$12.08
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$12.08
Implied Near-term FCF Growth14.9%
Historical Revenue Growth29.6%
Historical Earnings Growth-15.2%
Base FCF (TTM)$2.21B
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: $0.84

Results

DDM Intrinsic Value / share$17.30
Current Price$12.08
Upside / Downside+43.2%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $14.99B
Current: 8.6×
Default: $68.82B

Results

Implied Equity Value / share$59811528869.89
Current Price$12.08
Upside / Downside+494989231986.1%
Implied EV$128.63B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$34.82B$51.82B$68.82B$85.82B$102.82B
4.6x$33835529381.89$16835529381.89$-164470618.11$-17164470618.11$-34164470618.11
6.6x$63823529125.89$46823529125.89$29823529125.89$12823529125.89$-4176470874.11
8.6x$93811528869.89$76811528869.89$59811528869.89$42811528869.89$25811528869.89
10.6x$123799528613.89$106799528613.89$89799528613.89$72799528613.89$55799528613.89
12.6x$153787528357.89$136787528357.89$119787528357.89$102787528357.89$85787528357.89