GLUE — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($18.50)
DCF	$77.59	+319.4%
Graham Number	$5.35	-71.1%
Reverse DCF	—	implied g: 8.7%
DDM	—	—
EV/EBITDA	$15.16	-18.1%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $48.56M

Near-term growth (yrs 1–5)(%)Rev: 38.5% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 12.82%

Computed WACC: 12.82%

Cost of equity (Re)13.19%(Rf 4.30% + β 1.62 × 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)97.23%

Debt weight (D/V)2.77%

Results

Intrinsic Value / share$44.60

Current Price$18.50

Upside / Downside+141.1%

Net Debt (used)-$351.09M

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

WACC \ Near-term	30.5%	34.5%	38.5%	42.5%	46.5%
7.0%	$90.13	$103.74	$119.04	$136.20	$155.38
8.0%	$71.89	$82.53	$94.50	$107.91	$122.89
9.0%	$59.41	$68.03	$77.72	$88.57	$100.69
10.0%	$50.39	$57.54	$65.58	$74.58	$84.63
11.0%	$43.59	$49.64	$56.44	$64.04	$72.54

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $0.32

Book Value / share($)Yahoo: $3.98

Results

Graham Number$5.35

Current Price$18.50

Margin of Safety-71.1%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 12.82%

Terminal growth rate(%)

Computed WACC: 12.82%

Cost of equity (Re)13.19%(Rf 4.30% + β 1.62 × 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)97.23%

Debt weight (D/V)2.77%

Results

Current Price$18.50

Implied Near-term FCF Growth18.0%

Historical Revenue Growth38.5%

Historical Earnings Growth—

Base FCF (TTM)$48.56M

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$18.50

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $16.84M

Target EV/EBITDA multipleCurrent: 47.8×

Net Debt($B)Default: -$351.09M

Results

Implied Equity Value / share$15.16

Current Price$18.50

Upside / Downside-18.1%

Implied EV$804.75M

Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)

Mult \ Net Debt	-$2.35B	-$1.35B	-$351.09M	$648.91M	$1.65B
43.8x	$40.51	$27.39	$14.28	$1.16	$-11.96
45.8x	$40.95	$27.83	$14.72	$1.60	$-11.51
47.8x	$41.39	$28.28	$15.16	$2.04	$-11.07
49.8x	$41.83	$28.72	$15.60	$2.49	$-10.63
51.8x	$42.28	$29.16	$16.04	$2.93	$-10.19

← Overview Financial Statements ← Companies