HPAI

HPAI — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($2.81)
DCF$-3.78-234.6%
Graham Number$0.72-74.2%
Reverse DCF
DDM
EV/EBITDA$2.81-0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: -$2.86M
Rev: 22.4% / EPS: -38.9%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-3.78
Current Price$2.81
Upside / Downside-234.6%
Net Debt (used)$4.78M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term14.4%18.4%22.4%26.4%30.4%
7.0%$-4.15$-4.87$-5.69$-6.62$-7.68
8.0%$-3.34$-3.91$-4.56$-5.30$-6.13
9.0%$-2.79$-3.25$-3.78$-4.38$-5.07
10.0%$-2.38$-2.77$-3.22$-3.72$-4.29
11.0%$-2.08$-2.41$-2.79$-3.22$-3.71

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.05
Yahoo: $0.47

Results

Graham Number$0.72
Current Price$2.81
Margin of Safety-74.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$2.81
Implied Near-term FCF Growth
Historical Revenue Growth22.4%
Historical Earnings Growth-38.9%
Base FCF (TTM)-$2.86M
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$2.81
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $7.14M
Current: 15.4×
Default: $4.78M

Results

Implied Equity Value / share$2.81
Current Price$2.81
Upside / Downside-0.0%
Implied EV$109.96M
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.00B-$995.22M$4.78M$1.00B$2.00B
11.4x$55.48$28.76$2.05$-24.67$-51.39
13.4x$55.86$29.14$2.43$-24.29$-51.00
15.4x$56.24$29.53$2.81$-23.91$-50.62
17.4x$56.62$29.91$3.19$-23.52$-50.24
19.4x$57.01$30.29$3.57$-23.14$-49.86