JMM

JMM — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($6.20)
DCF$0.64-89.7%
Graham Number$8.35+34.6%
Reverse DCFimplied g: 21.9%
DDM$7.21+16.3%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $1.82M
Rev: — / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$0.64
Current Price$6.20
Upside / Downside-89.7%
Net Debt (used)$25.83M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$0.67$1.35$2.15$3.08$4.14
8.0%$0.06$0.62$1.26$2.00$2.85
9.0%$-0.36$0.10$0.64$1.25$1.96
10.0%$-0.66$-0.27$0.18$0.71$1.31
11.0%$-0.90$-0.56$-0.16$0.29$0.81

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.47
Yahoo: $6.59

Results

Graham Number$8.35
Current Price$6.20
Margin of Safety+34.6%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$6.20
Implied Near-term FCF Growth21.9%
Historical Revenue Growth
Historical Earnings Growth
Base FCF (TTM)$1.82M
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: $0.35

Results

DDM Intrinsic Value / share$7.21
Current Price$6.20
Upside / Downside+16.3%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $25.83M

Results

Implied Equity Value / share$-2.73
Current Price$6.20
Upside / Downside-144.0%
Implied EV$0