FSV

FSV — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($150.72)
DCF$232.16+54.0%
Graham Number$46.26-69.3%
Reverse DCFimplied g: 12.9%
DDM$25.13-83.3%
EV/EBITDA$161.29+7.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $293.41M
Rev: 1.3% / EPS: 19.5%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$232.61
Current Price$150.72
Upside / Downside+54.3%
Net Debt (used)$1.23B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term11.5%15.5%19.5%23.5%27.5%
7.0%$255.01$306.54$365.53$432.76$509.08
8.0%$199.22$240.05$286.75$339.95$400.29
9.0%$160.85$194.34$232.61$276.17$325.55
10.0%$132.91$161.06$193.21$229.77$271.20
11.0%$111.71$135.82$163.34$194.61$230.01

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $3.16
Yahoo: $30.09

Results

Graham Number$46.26
Current Price$150.72
Margin of Safety-69.3%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$150.72
Implied Near-term FCF Growth12.9%
Historical Revenue Growth1.3%
Historical Earnings Growth19.5%
Base FCF (TTM)$293.41M
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: $1.22

Results

DDM Intrinsic Value / share$25.13
Current Price$150.72
Upside / Downside-83.3%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $535.41M
Current: 16.1×
Default: $1.23B

Results

Implied Equity Value / share$161.29
Current Price$150.72
Upside / Downside+7.0%
Implied EV$8.65B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$1.23B$1.23B$1.23B$1.23B$1.23B
12.1x$114.71$114.71$114.71$114.71$114.71
14.1x$138.00$138.00$138.00$138.00$138.00
16.1x$161.29$161.29$161.29$161.29$161.29
18.1x$184.58$184.58$184.58$184.58$184.58
20.1x$207.86$207.86$207.86$207.86$207.86