FGNX — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($7.13)
DCF	$-320973.66	-4501834.3%
Graham Number	—	—
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$363.58M

Near-term growth (yrs 1–5)(%)Rev: 128.2% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 10.54%

Computed WACC: 10.54%

Cost of equity (Re)10.97%(Rf 4.30% + β 1.21 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)96.06%

Debt weight (D/V)3.94%

Results

Intrinsic Value / share$-234660.02

Current Price$7.13

Upside / Downside-3291264.3%

Net Debt (used)-$5.58M

Sensitivity: WACC (rows) × Near-term g (cols)

WACC \ Near-term	120.2%	124.2%	128.2%	132.2%	136.2%
7.0%	$-443565.62	$-485283.40	$-530083.95	$-578135.09	$-629610.63
8.0%	$-339268.66	$-371164.60	$-405416.89	$-442153.77	$-481508.08
9.0%	$-268622.33	$-293865.82	$-320973.66	$-350047.31	$-381191.84
10.0%	$-218047.22	$-238528.64	$-260522.25	$-284110.32	$-309378.07
11.0%	$-180364.48	$-197298.07	$-215481.50	$-234982.75	$-255872.24

2 — Graham Number

Assumptions

MultiplierGraham used 22.5 (15× P/E × 1.5× P/B)

EPS (trailing)($)Yahoo: $-27.30

Book Value / share($)Yahoo: $26.19

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.

Graham Number—

Current Price$7.13

Margin of Safety—

Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 10.54%

Terminal growth rate(%)

Computed WACC: 10.54%

Cost of equity (Re)10.97%(Rf 4.30% + β 1.21 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)96.06%

Debt weight (D/V)3.94%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$7.13

Implied Near-term FCF Growth—

Historical Revenue Growth128.2%

Historical Earnings Growth—

Base FCF (TTM)-$363.58M

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

Annual dividend D0($/share)Yahoo: —

Dividend growth rate (g)(%)

Required return (r)(%)

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$7.13

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$14.30M

Target EV/EBITDA multipleCurrent: -5.1×

Net Debt($B)Default: -$5.58M

Results

Implied Equity Value / share$12.02

Current Price$7.13

Upside / Downside+68.6%

Implied EV$73.21M

← Overview Financial Statements ← Companies