FIVN — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($17.47)
DCF	$2135.73	+12125.1%
Graham Number	$10.15	-41.9%
Reverse DCF	—	implied g: -14.4%
DDM	—	—
EV/EBITDA	$17.47	-0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $256.44M

Near-term growth (yrs 1–5)(%)Rev: 7.8% / EPS: 73.7%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 7.37%

Computed WACC: 7.37%

Cost of equity (Re)11.71%(Rf 4.30% + β 1.35 × 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)62.92%

Debt weight (D/V)37.08%

Results

Intrinsic Value / share$3129.95

Current Price$17.47

Upside / Downside+17816.1%

Net Debt (used)$108.18M

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

WACC \ Near-term	65.7%	69.7%	73.7%	77.7%	81.7%
7.0%	$2737.01	$3081.56	$3460.04	$3874.89	$4328.68
8.0%	$2115.86	$2381.79	$2673.87	$2993.99	$3344.13
9.0%	$1693.46	$1905.93	$2139.28	$2395.00	$2674.69
10.0%	$1389.75	$1563.80	$1754.93	$1964.37	$2193.41
11.0%	$1162.39	$1307.69	$1467.23	$1642.03	$1833.17

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $0.45

Book Value / share($)Yahoo: $10.18

Results

Graham Number$10.15

Current Price$17.47

Margin of Safety-41.9%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 7.37%

Terminal growth rate(%)

Computed WACC: 7.37%

Cost of equity (Re)11.71%(Rf 4.30% + β 1.35 × 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)62.92%

Debt weight (D/V)37.08%

Results

Current Price$17.47

Implied Near-term FCF Growth-17.9%

Historical Revenue Growth7.8%

Historical Earnings Growth73.7%

Base FCF (TTM)$256.44M

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$17.47

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $104.06M

Target EV/EBITDA multipleCurrent: 13.9×

Net Debt($B)Default: $108.18M

Results

Implied Equity Value / share$17.47

Current Price$17.47

Upside / Downside-0.0%

Implied EV$1.44B

Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)

Mult \ Net Debt	-$1.89B	-$891.82M	$108.18M	$1.11B	$2.11B
9.9x	$38.17	$25.10	$12.03	$-1.04	$-14.12
11.9x	$40.89	$27.82	$14.75	$1.68	$-11.40
13.9x	$43.62	$30.54	$17.47	$4.40	$-8.68
15.9x	$46.34	$33.26	$20.19	$7.12	$-5.95
17.9x	$49.06	$35.98	$22.91	$9.84	$-3.23

← Overview Financial Statements ← Companies