KNOP

KNOP — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($10.54)
DCF$245.14+2224.7%
Graham Number$21.85+107.2%
Reverse DCFimplied g: -7.4%
DDM$2.06-80.5%
EV/EBITDA$13.46+27.6%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $149.98M
Rev: 27.0% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$245.14
Current Price$10.54
Upside / Downside+2224.7%
Net Debt (used)$906.39M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term19.0%23.0%27.0%31.0%35.0%
7.0%$278.19$330.95$390.88$458.72$535.22
8.0%$215.68$257.24$304.43$357.81$417.98
9.0%$172.80$206.68$245.14$288.62$337.61
10.0%$141.67$169.99$202.12$238.43$279.31
11.0%$118.11$142.24$169.59$200.49$235.26

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.35
Yahoo: $15.72

Results

Graham Number$21.85
Current Price$10.54
Margin of Safety+107.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$10.54
Implied Near-term FCF Growth-7.4%
Historical Revenue Growth27.0%
Historical Earnings Growth
Base FCF (TTM)$149.98M
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: $0.10

Results

DDM Intrinsic Value / share$2.06
Current Price$10.54
Upside / Downside-80.5%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $201.45M
Current: 6.8×
Default: $906.39M

Results

Implied Equity Value / share$13.46
Current Price$10.54
Upside / Downside+27.6%
Implied EV$1.36B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.09B-$93.61M$906.39M$1.91B$2.91B
2.8x$48.54$19.16$-10.21$-39.58$-68.95
4.8x$60.37$31.00$1.63$-27.75$-57.12
6.8x$72.20$42.83$13.46$-15.91$-45.29
8.8x$84.04$54.67$25.29$-4.08$-33.45
10.8x$95.87$66.50$37.13$7.75$-21.62