GRAN

GRAN — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($1.83)
DCF$0.98-46.4%
Graham Number
Reverse DCFimplied g: 22.4%
DDM
EV/EBITDA$2.30+25.9%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $558,167
Rev: -83.2% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$0.98
Current Price$1.83
Upside / Downside-46.4%
Net Debt (used)-$9.74M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$0.99$1.09$1.20$1.34$1.49
8.0%$0.90$0.98$1.07$1.18$1.31
9.0%$0.84$0.90$0.98$1.07$1.18
10.0%$0.79$0.85$0.92$0.99$1.08
11.0%$0.76$0.81$0.86$0.93$1.01

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-0.01
Yahoo: $0.37

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$1.83
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$1.83
Implied Near-term FCF Growth22.4%
Historical Revenue Growth-83.2%
Historical Earnings Growth
Base FCF (TTM)$558,167
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

Yahoo: —

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$1.83
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $191,811
Current: 188.4×
Default: -$9.74M

Results

Implied Equity Value / share$2.30
Current Price$1.83
Upside / Downside+25.9%
Implied EV$36.13M
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.01B-$1.01B-$9.74M$990.26M$1.99B
184.4x$102.74$52.50$2.27$-47.97$-98.21
186.4x$102.76$52.52$2.28$-47.95$-98.19
188.4x$102.78$52.54$2.30$-47.93$-98.17
190.4x$102.79$52.56$2.32$-47.91$-98.15
192.4x$102.81$52.58$2.34$-47.89$-98.13