KB

KB — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($109.61)
DCF$-101712.41-92894.8%
Graham Number$158.02+44.2%
Reverse DCF
DDM$51.71-52.8%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: 619.9% / EPS: 3.6%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-101712.41
Current Price$109.61
Upside / Downside-92894.8%
Net Debt (used)$36.47T
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term611.9%615.9%619.9%623.9%627.9%
7.0%$-101712.41$-101712.41$-101712.41$-101712.41$-101712.41
8.0%$-101712.41$-101712.41$-101712.41$-101712.41$-101712.41
9.0%$-101712.41$-101712.41$-101712.41$-101712.41$-101712.41
10.0%$-101712.41$-101712.41$-101712.41$-101712.41$-101712.41
11.0%$-101712.41$-101712.41$-101712.41$-101712.41$-101712.41

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $10.57
Yahoo: $104.99

Results

Graham Number$158.02
Current Price$109.61
Margin of Safety+44.2%
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$109.61
Implied Near-term FCF Growth
Historical Revenue Growth619.9%
Historical Earnings Growth3.6%
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: $2.51

Results

DDM Intrinsic Value / share$51.71
Current Price$109.61
Upside / Downside-52.8%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $36.47T

Results

Implied Equity Value / share$-101712.41
Current Price$109.61
Upside / Downside-92894.8%
Implied EV$0