GFS

GFS — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($49.87)
DCF$38.78-22.2%
Graham Number
Reverse DCFimplied g: 9.6%
DDM
EV/EBITDA$49.99+0.2%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $1.15B
Rev: 0.0% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$38.78
Current Price$49.87
Upside / Downside-22.2%
Net Debt (used)-$1.34B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$39.09$46.51$55.13$65.12$76.62
8.0%$32.56$38.53$45.47$53.48$62.70
9.0%$28.04$33.01$38.78$45.43$53.08
10.0%$24.72$28.96$33.87$39.54$46.03
11.0%$22.18$25.87$30.13$35.03$40.65

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-0.08
Yahoo: $21.46

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$49.87
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$49.87
Implied Near-term FCF Growth9.6%
Historical Revenue Growth0.0%
Historical Earnings Growth
Base FCF (TTM)$1.15B
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: —

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$49.87
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $2.05B
Current: 12.9×
Default: -$1.34B

Results

Implied Equity Value / share$49.99
Current Price$49.87
Upside / Downside+0.2%
Implied EV$26.43B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.34B-$1.34B-$1.34B-$1.34B-$1.34B
8.9x$35.24$35.24$35.24$35.24$35.24
10.9x$42.62$42.62$42.62$42.62$42.62
12.9x$49.99$49.99$49.99$49.99$49.99
14.9x$57.36$57.36$57.36$57.36$57.36
16.9x$64.73$64.73$64.73$64.73$64.73