KTCC — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($2.84)
DCF	$97.63	+3337.6%
Graham Number	—	—
Reverse DCF	—	implied g: -20.0%
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $38.72M

Near-term growth (yrs 1–5)(%)Rev: 14.3% / EPS: -88.1%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 2.32%

Computed WACC: 2.32%

Cost of equity (Re)10.66%(Rf 4.30% + β 1.16 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)21.75%

Debt weight (D/V)78.25%

Results

Intrinsic Value / share—

Current Price$2.84

Upside / Downside—

Net Debt (used)$107.49M

Sensitivity: WACC (rows) × Near-term g (cols)

WACC \ Near-term	6.3%	10.3%	14.3%	18.3%	22.3%
7.0%	$103.85	$125.44	$150.29	$178.77	$211.26
8.0%	$82.03	$99.23	$119.00	$141.64	$167.44
9.0%	$67.00	$81.17	$97.45	$116.07	$137.27
10.0%	$56.02	$67.99	$81.73	$97.42	$115.29
11.0%	$47.67	$57.97	$69.78	$83.26	$98.59

2 — Graham Number

Assumptions

MultiplierGraham used 22.5 (15× P/E × 1.5× P/B)

EPS (trailing)($)Yahoo: $-1.42

Book Value / share($)Yahoo: $9.78

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.

Graham Number—

Current Price$2.84

Margin of Safety—

Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 2.32%

Terminal growth rate(%)

Computed WACC: 2.32%

Cost of equity (Re)10.66%(Rf 4.30% + β 1.16 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)21.75%

Debt weight (D/V)78.25%

Results

Current Price$2.84

Implied Near-term FCF Growth65.0%

Historical Revenue Growth14.3%

Historical Earnings Growth-88.1%

Base FCF (TTM)$38.72M

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

Annual dividend D0($/share)Yahoo: —

Dividend growth rate (g)(%)

Required return (r)(%)

Results

This company does not pay a dividend. DDM is not applicable — the intrinsic value shown uses D0 = $0 unless you enter a hypothetical dividend above.

DDM Intrinsic Value / share—

Current Price$2.84

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$4.56M

Target EV/EBITDA multipleCurrent: -30.4×

Net Debt($B)Default: $107.49M

Results

Implied Equity Value / share$2.84

Current Price$2.84

Upside / Downside+0.0%

Implied EV$138.33M

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