JCSE

JCSE — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($1.19)
DCF$6.51+447.4%
Graham Number
Reverse DCFimplied g: -17.3%
DDM$9.06+661.7%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $2.19M
Rev: -39.5% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$6.51
Current Price$1.19
Upside / Downside+447.4%
Net Debt (used)$4.19M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$6.58$8.07$9.80$11.81$14.12
8.0%$5.27$6.47$7.86$9.47$11.32
9.0%$4.36$5.36$6.51$7.85$9.39
10.0%$3.69$4.54$5.53$6.67$7.97
11.0%$3.18$3.92$4.77$5.76$6.89

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-0.22
Yahoo: $2.33

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$1.19
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$1.19
Implied Near-term FCF Growth-17.3%
Historical Revenue Growth-39.5%
Historical Earnings Growth
Base FCF (TTM)$2.19M
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: $0.44

Results

DDM Intrinsic Value / share$9.06
Current Price$1.19
Upside / Downside+661.7%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: -$248,000
Current: -42.3×
Default: $4.19M

Results

Implied Equity Value / share$1.20
Current Price$1.19
Upside / Downside+0.9%
Implied EV$10.50M