FT

FT — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($8.29)
DCF$70301546.44+848028204.5%
Graham Number$12.11+46.0%
Reverse DCFimplied g: 30.4%
DDM$10.51+26.7%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $3.60M
Rev: -27.1% / EPS: 709.9%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$70263110.34
Current Price$8.29
Upside / Downside+847564560.3%
Net Debt (used)$59.95M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term701.9%705.9%709.9%713.9%717.9%
7.0%$113436839.66$116294404.42$119209268.70$122182289.93$125214334.06
8.0%$85603930.47$87760361.34$89960032.68$92203591.53$94491691.36
9.0%$66860786.13$68545061.81$70263110.34$72015437.11$73802552.51
10.0%$53528439.98$54876862.93$56252324.25$57655228.56$59085984.47
11.0%$43663101.03$44763008.03$45884970.19$47029317.55$48196383.42

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.77
Yahoo: $8.46

Results

Graham Number$12.11
Current Price$8.29
Margin of Safety+46.0%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$8.29
Implied Near-term FCF Growth30.4%
Historical Revenue Growth-27.1%
Historical Earnings Growth709.9%
Base FCF (TTM)$3.60M
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: $0.51

Results

DDM Intrinsic Value / share$10.51
Current Price$8.29
Upside / Downside+26.7%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $59.95M

Results

Implied Equity Value / share$-2.39
Current Price$8.29
Upside / Downside-128.8%
Implied EV$0