HCSG — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($22.22)
DCF	$27338.78	+122936.8%
Graham Number	$11.56	-48.0%
Reverse DCF	—	implied g: 6.2%
DDM	—	—
EV/EBITDA	$22.22	-0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $74.72M

Near-term growth (yrs 1–5)(%)Rev: 6.6% / EPS: 172.4%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 8.45%

Computed WACC: 8.45%

Cost of equity (Re)8.54%(Rf 4.30% + β 0.77 × 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$31045.57

Current Price$22.22

Upside / Downside+139619.0%

Net Debt (used)-$152.95M

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

WACC \ Near-term	164.4%	168.4%	172.4%	176.4%	180.4%
7.0%	$39221.43	$42277.60	$45521.42	$48961.39	$52606.29
8.0%	$29876.03	$32203.62	$34674.10	$37293.96	$40069.87
9.0%	$23556.34	$25391.24	$27338.78	$29404.06	$31592.35
10.0%	$19040.38	$20523.23	$22097.09	$23766.10	$25534.50
11.0%	$15682.25	$16903.32	$18199.32	$19573.66	$21029.83

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $0.81

Book Value / share($)Yahoo: $7.33

Results

Graham Number$11.56

Current Price$22.22

Margin of Safety-48.0%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 8.45%

Terminal growth rate(%)

Computed WACC: 8.45%

Cost of equity (Re)8.54%(Rf 4.30% + β 0.77 × 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$22.22

Implied Near-term FCF Growth4.7%

Historical Revenue Growth6.6%

Historical Earnings Growth172.4%

Base FCF (TTM)$74.72M

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$22.22

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $57.02M

Target EV/EBITDA multipleCurrent: 24.7×

Net Debt($B)Default: -$152.95M

Results

Implied Equity Value / share$22.22

Current Price$22.22

Upside / Downside-0.0%

Implied EV$1.41B

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

Mult \ Net Debt	-$2.15B	-$1.15B	-$152.95M	$847.05M	$1.85B
20.7x	$47.44	$33.21	$18.97	$4.74	$-9.49
22.7x	$49.06	$34.83	$20.60	$6.37	$-7.87
24.7x	$50.68	$36.45	$22.22	$7.99	$-6.24
26.7x	$52.31	$38.07	$23.84	$9.61	$-4.62
28.7x	$53.93	$39.70	$25.47	$11.23	$-3.00

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