GPK — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($11.77)
DCF	$-26.54	-325.5%
Graham Number	$19.00	+61.5%
Reverse DCF	—	—
DDM	$9.06	-23.0%
EV/EBITDA	$11.78	+0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$143.62M

Near-term growth (yrs 1–5)(%)Rev: 0.4% / EPS: -47.7%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 2.98%

Computed WACC: 2.98%

Cost of equity (Re)7.75%(Rf 4.30% + β 0.63 × 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)38.41%

Debt weight (D/V)61.59%

Results

Intrinsic Value / share$-135.09

Current Price$11.77

Upside / Downside-1247.8%

Net Debt (used)$5.31B

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-26.61	$-28.35	$-30.38	$-32.73	$-35.43
8.0%	$-25.08	$-26.48	$-28.11	$-29.99	$-32.16
9.0%	$-24.01	$-25.18	$-26.54	$-28.10	$-29.90
10.0%	$-23.23	$-24.23	$-25.38	$-26.71	$-28.24
11.0%	$-22.64	$-23.50	$-24.50	$-25.66	$-26.98

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $1.42

Book Value / share($)Yahoo: $11.30

Results

Graham Number$19.00

Current Price$11.77

Margin of Safety+61.5%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 2.98%

Terminal growth rate(%)

Computed WACC: 2.98%

Cost of equity (Re)7.75%(Rf 4.30% + β 0.63 × 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)38.41%

Debt weight (D/V)61.59%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$11.77

Implied Near-term FCF Growth—

Historical Revenue Growth0.4%

Historical Earnings Growth-47.7%

Base FCF (TTM)-$143.62M

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: $0.44

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$9.06

Current Price$11.77

Upside / Downside-23.0%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $1.37B

Target EV/EBITDA multipleCurrent: 6.4×

Net Debt($B)Default: $5.31B

Results

Implied Equity Value / share$11.78

Current Price$11.77

Upside / Downside+0.0%

Implied EV$8.79B

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

Mult \ Net Debt	$3.31B	$4.31B	$5.31B	$6.31B	$7.31B
2.4x	$0.01	$-3.38	$-6.77	$-10.15	$-13.54
4.4x	$9.28	$5.89	$2.51	$-0.88	$-4.27
6.4x	$18.55	$15.16	$11.78	$8.39	$5.00
8.4x	$27.82	$24.43	$21.05	$17.66	$14.27
10.4x	$37.09	$33.71	$30.32	$26.93	$23.54

← Overview Financial Statements ← Companies