IOT — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($29.37)
DCF	$56.75	+93.2%
Graham Number	—	—
Reverse DCF	—	implied g: 16.8%
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $282.18M

Near-term growth (yrs 1–5)(%)Rev: 29.2% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 13.03%

Computed WACC: 13.03%

Cost of equity (Re)13.09%(Rf 4.30% + β 1.60 × 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)99.56%

Debt weight (D/V)0.44%

Results

Intrinsic Value / share$31.95

Current Price$29.37

Upside / Downside+8.8%

Net Debt (used)-$686.20M

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

WACC \ Near-term	21.2%	25.2%	29.2%	33.2%	37.2%
7.0%	$63.95	$74.51	$86.49	$100.02	$115.25
8.0%	$51.12	$59.42	$68.84	$79.47	$91.43
9.0%	$42.32	$49.08	$56.75	$65.39	$75.12
10.0%	$35.94	$41.58	$47.98	$55.19	$63.29
11.0%	$31.11	$35.92	$41.35	$47.48	$54.36

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-0.07

Book Value / share($)Yahoo: $2.26

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.

Graham Number—

Current Price$29.37

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 13.03%

Terminal growth rate(%)

Computed WACC: 13.03%

Cost of equity (Re)13.09%(Rf 4.30% + β 1.60 × 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)99.56%

Debt weight (D/V)0.44%

Results

Current Price$29.37

Implied Near-term FCF Growth27.4%

Historical Revenue Growth29.2%

Historical Earnings Growth—

Base FCF (TTM)$282.18M

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$29.37

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$69.92M

Target EV/EBITDA multipleCurrent: -230.4×

Net Debt($B)Default: -$686.20M

Results

Implied Equity Value / share$46.89

Current Price$29.37

Upside / Downside+59.7%

Implied EV$16.11B

← Overview Financial Statements ← Companies