KIM-PN

KIM-PN — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($61.07)
DCF$6691659608.03+10957359664.3%
Graham Number
Reverse DCFimplied g: -5.2%
DDM$74.57+22.1%
EV/EBITDA$41341266606.72+67694885452.2%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $842.70M
Rev: 3.2% / EPS: -6.8%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$6691659608.03
Current Price$61.07
Upside / Downside+10957359664.3%
Net Debt (used)$8.10B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$6818757126.82$9836255135.73$13346760792.49$17409778141.46$22089458956.13
8.0%$4163628537.60$6592351692.57$9413601335.75$12674511155.69$16425885551.57
9.0%$2323729397.00$4346034904.26$6691659608.03$9399227992.62$12510363748.99
10.0%$973037666.72$2698291876.48$4696407171.71$6999813093.07$9643449969.42
11.0%$-61050023.63$1437879401.64$3171331044.62$5167034949.24$7454861811.35

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: —
Yahoo: $15.42

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$61.07
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$61.07
Implied Near-term FCF Growth-5.2%
Historical Revenue Growth3.2%
Historical Earnings Growth-6.8%
Base FCF (TTM)$842.70M
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: $3.62

Results

DDM Intrinsic Value / share$74.57
Current Price$61.07
Upside / Downside+22.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $1.31B
Current: 37.7×
Default: $8.10B

Results

Implied Equity Value / share$41341266606.72
Current Price$61.07
Upside / Downside+67694885452.2%
Implied EV$49.44B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$4.10B$6.10B$8.10B$10.10B$12.10B
33.7x$40101174446.72$38101174446.72$36101174446.72$34101174446.72$32101174446.72
35.7x$42721220526.72$40721220526.72$38721220526.72$36721220526.72$34721220526.72
37.7x$45341266606.72$43341266606.72$41341266606.72$39341266606.72$37341266606.72
39.7x$47961312686.72$45961312686.72$43961312686.72$41961312686.72$39961312686.72
41.7x$50581358766.72$48581358766.72$46581358766.72$44581358766.72$42581358766.72