HCAT — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($1.68)
DCF	$-0.11	-106.6%
Graham Number	—	—
Reverse DCF	—	implied g: 22.5%
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $4.14M

Near-term growth (yrs 1–5)(%)Rev: 0.0% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 5.66%

Computed WACC: 5.66%

Cost of equity (Re)13.86%(Rf 4.30% + β 1.74 × 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)40.84%

Debt weight (D/V)59.16%

Results

Intrinsic Value / share$0.99

Current Price$1.68

Upside / Downside-41.1%

Net Debt (used)$80.58M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-0.10	$0.11	$0.35	$0.63	$0.96
8.0%	$-0.29	$-0.12	$0.08	$0.31	$0.57
9.0%	$-0.41	$-0.27	$-0.11	$0.08	$0.29
10.0%	$-0.51	$-0.39	$-0.25	$-0.09	$0.09
11.0%	$-0.58	$-0.48	$-0.36	$-0.22	$-0.06

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-1.64

Book Value / share($)Yahoo: $4.70

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.

Graham Number—

Current Price$1.68

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 5.66%

Terminal growth rate(%)

Computed WACC: 5.66%

Cost of equity (Re)13.86%(Rf 4.30% + β 1.74 × 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)40.84%

Debt weight (D/V)59.16%

Results

Current Price$1.68

Implied Near-term FCF Growth9.4%

Historical Revenue Growth0.0%

Historical Earnings Growth—

Base FCF (TTM)$4.14M

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$1.68

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$16.85M

Target EV/EBITDA multipleCurrent: -11.8×

Net Debt($B)Default: $80.58M

Results

Implied Equity Value / share$1.68

Current Price$1.68

Upside / Downside-0.0%

Implied EV$199.40M

← Overview Financial Statements ← Companies