FSLY — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($19.96)
DCF	$45.47	+127.8%
Graham Number	—	—
Reverse DCF	—	implied g: 8.6%
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: $140.45M

Near-term growth (yrs 1–5)(%)Rev: 22.8% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 9.32%

Computed WACC: 9.32%

Cost of equity (Re)10.23%(Rf 4.30% + β 1.08 × ERP 5.50%)

Cost of debt (Rd)3.81%(interest expense ÷ avg debt (SEC))

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

Equity weight (E/V)87.40%

Debt weight (D/V)12.60%

Results

Intrinsic Value / share$42.96

Current Price$19.96

Upside / Downside+115.2%

Net Debt (used)$68.43M

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

WACC \ Near-term	14.8%	18.8%	22.8%	26.8%	30.8%
7.0%	$50.17	$59.20	$69.51	$81.23	$94.48
8.0%	$39.98	$47.12	$55.26	$64.50	$74.96
9.0%	$32.98	$38.82	$45.47	$53.02	$61.56
10.0%	$27.89	$32.78	$38.36	$44.68	$51.83
11.0%	$24.03	$28.21	$32.97	$38.37	$44.46

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-0.83

Book Value / share($)Yahoo: $6.13

Results

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

Graham Number—

Current Price$19.96

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 9.32%

Terminal growth rate(%)

Computed WACC: 9.32%

Cost of equity (Re)10.23%(Rf 4.30% + β 1.08 × ERP 5.50%)

Cost of debt (Rd)3.81%(interest expense ÷ avg debt (SEC))

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

Equity weight (E/V)87.40%

Debt weight (D/V)12.60%

Results

Current Price$19.96

Implied Near-term FCF Growth9.5%

Historical Revenue Growth22.8%

Historical Earnings Growth—

Base FCF (TTM)$140.45M

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$19.96

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$63.33M

Target EV/EBITDA multipleCurrent: -46.9×

Net Debt($B)Default: $68.43M

Results

Implied Equity Value / share$19.43

Current Price$19.96

Upside / Downside-2.7%

Implied EV$2.97B

← Overview Financial Statements ← Companies