GCTS — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($1.20)
DCF	$-6.16	-613.3%
Graham Number	—	—
Reverse DCF	—	—
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: -$16.80M

Near-term growth (yrs 1–5)(%)Rev: -83.5% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 9.17%

Computed WACC: 9.17%

Cost of equity (Re)11.08%(Rf 4.30% + β 1.23 × ERP 5.50%)

Cost of debt (Rd)9.07%(interest expense ÷ avg debt (SEC))

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

Equity weight (E/V)51.27%

Debt weight (D/V)48.73%

Results

Intrinsic Value / share$-6.03

Current Price$1.20

Upside / Downside-602.2%

Net Debt (used)$56.79M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-6.20	$-7.26	$-8.48	$-9.90	$-11.53
8.0%	$-5.28	$-6.12	$-7.11	$-8.25	$-9.56
9.0%	$-4.63	$-5.34	$-6.16	$-7.10	$-8.19
10.0%	$-4.16	$-4.77	$-5.46	$-6.27	$-7.19
11.0%	$-3.80	$-4.33	$-4.93	$-5.63	$-6.43

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-0.78

Book Value / share($)Yahoo: $-1.42

Results

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

Graham Number—

Current Price$1.20

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 9.17%

Terminal growth rate(%)

Computed WACC: 9.17%

Cost of equity (Re)11.08%(Rf 4.30% + β 1.23 × ERP 5.50%)

Cost of debt (Rd)9.07%(interest expense ÷ avg debt (SEC))

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

Equity weight (E/V)51.27%

Debt weight (D/V)48.73%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$1.20

Implied Near-term FCF Growth—

Historical Revenue Growth-83.5%

Historical Earnings Growth—

Base FCF (TTM)-$16.80M

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$1.20

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$30.50M

Target EV/EBITDA multipleCurrent: -4.1×

Net Debt($B)Default: $56.79M

Results

Implied Equity Value / share$1.20

Current Price$1.20

Upside / Downside+0.0%

Implied EV$125.31M

← Overview Financial Statements ← Companies