FSK

FSK — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($10.80)
DCF$-3.10-128.7%
Graham Number$21.46+98.7%
Reverse DCFimplied g: 13.0%
DDM$53.15+392.1%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $373.50M
Rev: -14.5% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-3.10
Current Price$10.80
Upside / Downside-128.7%
Net Debt (used)$7.43B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-2.90$1.87$7.43$13.86$21.27
8.0%$-7.10$-3.26$1.21$6.37$12.30
9.0%$-10.01$-6.81$-3.10$1.18$6.11
10.0%$-12.15$-9.42$-6.26$-2.61$1.57
11.0%$-13.79$-11.42$-8.67$-5.51$-1.89

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.98
Yahoo: $20.88

Results

Graham Number$21.46
Current Price$10.80
Margin of Safety+98.7%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$10.80
Implied Near-term FCF Growth13.0%
Historical Revenue Growth-14.5%
Historical Earnings Growth
Base FCF (TTM)$373.50M
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: $2.58

Results

DDM Intrinsic Value / share$53.15
Current Price$10.80
Upside / Downside+392.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $7.43B

Results

Implied Equity Value / share$-26.52
Current Price$10.80
Upside / Downside-345.5%
Implied EV$0