GLRE — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($14.35)
DCF	$-12.55	-187.4%
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: -$26.10M

Near-term growth (yrs 1–5)(%)Rev: -18.7% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 6.75%

Computed WACC: 6.75%

Cost of equity (Re)7.28%(Rf 4.30% + β 0.54 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

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

Equity weight (E/V)92.75%

Debt weight (D/V)7.25%

Results

Intrinsic Value / share$-19.75

Current Price$14.35

Upside / Downside-237.6%

Net Debt (used)-$30.41M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-12.66	$-15.40	$-18.59	$-22.28	$-26.54
8.0%	$-10.25	$-12.46	$-15.02	$-17.98	$-21.39
9.0%	$-8.58	$-10.42	$-12.55	$-15.01	$-17.83
10.0%	$-7.35	$-8.92	$-10.74	$-12.83	$-15.23
11.0%	$-6.41	$-7.78	$-9.35	$-11.16	$-13.24

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-0.04

Book Value / share($)Yahoo: $19.32

Results

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

Graham Number—

Current Price$14.35

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 6.75%

Terminal growth rate(%)

Computed WACC: 6.75%

Cost of equity (Re)7.28%(Rf 4.30% + β 0.54 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

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

Equity weight (E/V)92.75%

Debt weight (D/V)7.25%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$14.35

Implied Near-term FCF Growth—

Historical Revenue Growth-18.7%

Historical Earnings Growth—

Base FCF (TTM)-$26.10M

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$14.35

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: —

Target EV/EBITDA multipleCurrent: —×

Net Debt($B)Default: -$30.41M

Results

Implied Equity Value / share$0.89

Current Price$14.35

Upside / Downside-93.8%

Implied EV$0

← Overview Financial Statements ← Companies