JCAP

JCAP — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($20.72)
DCF$-18.58-189.7%
Graham Number$20.04-3.3%
Reverse DCF
DDM$19.78-4.6%
EV/EBITDA$19.60-5.4%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: 38.0% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-18.58
Current Price$20.72
Upside / Downside-189.7%
Net Debt (used)$1.14B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term30.0%34.0%38.0%42.0%46.0%
7.0%$-18.58$-18.58$-18.58$-18.58$-18.58
8.0%$-18.58$-18.58$-18.58$-18.58$-18.58
9.0%$-18.58$-18.58$-18.58$-18.58$-18.58
10.0%$-18.58$-18.58$-18.58$-18.58$-18.58
11.0%$-18.58$-18.58$-18.58$-18.58$-18.58

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $2.38
Yahoo: $7.50

Results

Graham Number$20.04
Current Price$20.72
Margin of Safety-3.3%
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$20.72
Implied Near-term FCF Growth
Historical Revenue Growth38.0%
Historical Earnings Growth
Base FCF (TTM)
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: $0.96

Results

DDM Intrinsic Value / share$19.78
Current Price$20.72
Upside / Downside-4.6%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $316.83M
Current: 7.4×
Default: $1.14B

Results

Implied Equity Value / share$19.60
Current Price$20.72
Upside / Downside-5.4%
Implied EV$2.35B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$1.14B$1.14B$1.14B$1.14B$1.14B
3.4x$-0.96$-0.96$-0.96$-0.96$-0.96
5.4x$9.32$9.32$9.32$9.32$9.32
7.4x$19.60$19.60$19.60$19.60$19.60
9.4x$29.88$29.88$29.88$29.88$29.88
11.4x$40.16$40.16$40.16$40.16$40.16