GMED — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($91.88)
DCF	$31422341.23	+34199226.5%
Graham Number	$48.52	-47.2%
Reverse DCF	—	implied g: 14.2%
DDM	—	—
EV/EBITDA	$113.87	+23.9%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $327.53M

Near-term growth (yrs 1–5)(%)Rev: 25.7% / EPS: 437.0%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 10.08%

Computed WACC: 10.08%

Cost of equity (Re)10.18%(Rf 4.30% + β 1.07 × 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)99.05%

Debt weight (D/V)0.95%

Results

Intrinsic Value / share$24784654.77

Current Price$91.88

Upside / Downside+26974927.0%

Net Debt (used)-$437.80M

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

WACC \ Near-term	429.0%	433.0%	437.0%	441.0%	445.0%
7.0%	$49273845.83	$51165116.00	$53114019.37	$55121863.22	$57189974.46
8.0%	$37252830.97	$38682695.89	$40156133.36	$41674131.73	$43237694.17
9.0%	$29150502.42	$30269374.08	$31422341.23	$32610177.26	$33833667.14
10.0%	$23381584.78	$24279027.11	$25203817.21	$26156575.40	$27137931.29
11.0%	$19108411.06	$19841835.59	$20597609.69	$21376240.31	$22178242.01

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $3.09

Book Value / share($)Yahoo: $33.86

Results

Graham Number$48.52

Current Price$91.88

Margin of Safety-47.2%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 10.08%

Terminal growth rate(%)

Computed WACC: 10.08%

Cost of equity (Re)10.18%(Rf 4.30% + β 1.07 × 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)99.05%

Debt weight (D/V)0.95%

Results

Current Price$91.88

Implied Near-term FCF Growth17.2%

Historical Revenue Growth25.7%

Historical Earnings Growth437.0%

Base FCF (TTM)$327.53M

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$91.88

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $877.11M

Target EV/EBITDA multipleCurrent: 14.0×

Net Debt($B)Default: -$437.80M

Results

Implied Equity Value / share$113.87

Current Price$91.88

Upside / Downside+23.9%

Implied EV$12.25B

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

Mult \ Net Debt	-$2.44B	-$1.44B	-$437.80M	$562.20M	$1.56B
10.0x	$100.33	$91.36	$82.38	$73.41	$64.43
12.0x	$116.08	$107.10	$98.13	$89.15	$80.18
14.0x	$131.83	$122.85	$113.87	$104.90	$95.92
16.0x	$147.57	$138.60	$129.62	$120.64	$111.67
18.0x	$163.32	$154.34	$145.37	$136.39	$127.41

← Overview Financial Statements ← Companies