GPC — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($115.64)
DCF	$39.59	-65.8%
Graham Number	$18.44	-84.1%
Reverse DCF	—	implied g: 15.9%
DDM	$87.55	-24.3%
EV/EBITDA	$115.77	+0.1%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $677.88M

Near-term growth (yrs 1–5)(%)Rev: 4.1% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 5.83%

Computed WACC: 5.83%

Cost of equity (Re)8.34%(Rf 4.30% + β 0.73 × 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)69.89%

Debt weight (D/V)30.11%

Results

Intrinsic Value / share$122.93

Current Price$115.64

Upside / Downside+6.3%

Net Debt (used)$6.45B

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$40.33	$57.97	$78.49	$102.24	$129.59
8.0%	$24.81	$39.01	$55.50	$74.56	$96.49
9.0%	$14.06	$25.88	$39.59	$55.42	$73.60
10.0%	$6.16	$16.25	$27.93	$41.39	$56.84
11.0%	$0.12	$8.88	$19.01	$30.68	$44.05

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $0.47

Book Value / share($)Yahoo: $32.14

Results

Graham Number$18.44

Current Price$115.64

Margin of Safety-84.1%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 5.83%

Terminal growth rate(%)

Computed WACC: 5.83%

Cost of equity (Re)8.34%(Rf 4.30% + β 0.73 × 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)69.89%

Debt weight (D/V)30.11%

Results

Current Price$115.64

Implied Near-term FCF Growth4.3%

Historical Revenue Growth4.1%

Historical Earnings Growth—

Base FCF (TTM)$677.88M

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: $4.25

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$87.55

Current Price$115.64

Upside / Downside-24.3%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $2.01B

Target EV/EBITDA multipleCurrent: 11.1×

Net Debt($B)Default: $6.45B

Results

Implied Equity Value / share$115.77

Current Price$115.64

Upside / Downside+0.1%

Implied EV$22.38B

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

Mult \ Net Debt	$2.45B	$4.45B	$6.45B	$8.45B	$10.45B
7.1x	$86.29	$71.76	$57.23	$42.70	$28.16
9.1x	$115.56	$101.03	$86.50	$71.97	$57.43
11.1x	$144.83	$130.30	$115.77	$101.24	$86.70
13.1x	$174.10	$159.57	$145.04	$130.51	$115.97
15.1x	$203.37	$188.84	$174.31	$159.78	$145.24

← Overview Financial Statements ← Companies