IMO

IMO — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($118.81)
DCF$143.07+20.4%
Graham Number$59.92-49.6%
Reverse DCFimplied g: 2.0%
DDM$53.15-55.3%
EV/EBITDA$118.81-0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $4.12B
Rev: -10.3% / EPS: -58.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$143.07
Current Price$118.81
Upside / Downside+20.4%
Net Debt (used)$3.09B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$144.35$174.84$210.30$251.35$298.62
8.0%$117.53$142.07$170.57$203.51$241.41
9.0%$98.94$119.37$143.07$170.42$201.85
10.0%$85.30$102.73$122.91$146.18$172.89
11.0%$74.85$89.99$107.51$127.67$150.78

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $4.74
Yahoo: $33.66

Results

Graham Number$59.92
Current Price$118.81
Margin of Safety-49.6%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$118.81
Implied Near-term FCF Growth2.0%
Historical Revenue Growth-10.3%
Historical Earnings Growth-58.0%
Base FCF (TTM)$4.12B
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: $2.58

Results

DDM Intrinsic Value / share$53.15
Current Price$118.81
Upside / Downside-55.3%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $7.02B
Current: 8.6×
Default: $3.09B

Results

Implied Equity Value / share$118.81
Current Price$118.81
Upside / Downside-0.0%
Implied EV$60.55B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$1.09B$2.09B$3.09B$4.09B$5.09B
4.6x$64.85$62.78$60.72$58.65$56.58
6.6x$93.90$91.83$89.76$87.69$85.63
8.6x$122.94$120.87$118.81$116.74$114.67
10.6x$151.99$149.92$147.85$145.78$143.71
12.6x$181.03$178.96$176.89$174.83$172.76