FMN

FMN — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($11.35)
DCF$-3.39-129.8%
Graham Number$5.81-48.8%
Reverse DCFimplied g: 28.5%
DDM$11.12-2.0%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $2.32M
Rev: -22.3% / EPS: -10.9%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-3.39
Current Price$11.35
Upside / Downside-129.8%
Net Debt (used)$67.29M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-3.34$-2.28$-1.04$0.39$2.04
8.0%$-4.28$-3.42$-2.43$-1.28$0.05
9.0%$-4.93$-4.22$-3.39$-2.43$-1.34
10.0%$-5.40$-4.80$-4.09$-3.28$-2.35
11.0%$-5.77$-5.24$-4.63$-3.93$-3.12

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.12
Yahoo: $12.51

Results

Graham Number$5.81
Current Price$11.35
Margin of Safety-48.8%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$11.35
Implied Near-term FCF Growth28.5%
Historical Revenue Growth-22.3%
Historical Earnings Growth-10.9%
Base FCF (TTM)$2.32M
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: $0.54

Results

DDM Intrinsic Value / share$11.12
Current Price$11.35
Upside / Downside-2.0%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $67.29M

Results

Implied Equity Value / share$-8.61
Current Price$11.35
Upside / Downside-175.8%
Implied EV$0