HPS

HPS — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($14.82)
DCF$3.55-76.0%
Graham Number$19.80+33.6%
Reverse DCFimplied g: 16.3%
DDM$27.19+83.5%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $22.13M
Rev: -2.1% / EPS: -52.2%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$3.55
Current Price$14.82
Upside / Downside-76.0%
Net Debt (used)$274.30M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$3.66$6.13$9.00$12.32$16.15
8.0%$1.49$3.47$5.78$8.45$11.51
9.0%$-0.02$1.64$3.55$5.77$8.31
10.0%$-1.12$0.29$1.92$3.81$5.97
11.0%$-1.97$-0.74$0.68$2.31$4.18

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.22
Yahoo: $14.29

Results

Graham Number$19.80
Current Price$14.82
Margin of Safety+33.6%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$14.82
Implied Near-term FCF Growth16.3%
Historical Revenue Growth-2.1%
Historical Earnings Growth-52.2%
Base FCF (TTM)$22.13M
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: $1.32

Results

DDM Intrinsic Value / share$27.19
Current Price$14.82
Upside / Downside+83.5%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $274.30M

Results

Implied Equity Value / share$-8.54
Current Price$14.82
Upside / Downside-157.6%
Implied EV$0