HLN

HLN — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($10.61)
DCF$432.94+3979.7%
Graham Number$5.28-50.3%
Reverse DCFimplied g: 19.2%
DDM$3.91-63.1%
EV/EBITDA$21.73+104.7%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $1.37B
Rev: 0.6% / EPS: 92.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$432.94
Current Price$10.61
Upside / Downside+3979.7%
Net Debt (used)$7.35B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term84.0%88.0%92.0%96.0%100.0%
7.0%$572.14$637.03$707.67$784.44$867.72
8.0%$439.86$489.74$544.03$603.03$667.04
9.0%$350.05$389.74$432.94$479.89$530.81
10.0%$285.60$317.98$353.22$391.51$433.05
11.0%$237.45$264.37$293.67$325.50$360.02

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.50
Yahoo: $2.48

Results

Graham Number$5.28
Current Price$10.61
Margin of Safety-50.3%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$10.61
Implied Near-term FCF Growth19.2%
Historical Revenue Growth0.6%
Historical Earnings Growth92.0%
Base FCF (TTM)$1.37B
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: $0.19

Results

DDM Intrinsic Value / share$3.91
Current Price$10.61
Upside / Downside-63.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $2.73B
Current: 38.1×
Default: $7.35B

Results

Implied Equity Value / share$21.73
Current Price$10.61
Upside / Downside+104.7%
Implied EV$104.09B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$3.35B$5.35B$7.35B$9.35B$11.35B
34.1x$20.17$19.72$19.27$18.82$18.38
36.1x$21.40$20.95$20.50$20.05$19.60
38.1x$22.62$22.17$21.73$21.28$20.83
40.1x$23.85$23.40$22.95$22.50$22.05
42.1x$25.07$24.63$24.18$23.73$23.28