LAW — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($3.52)
DCF	$3.56	+1.2%
Graham Number	—	—
Reverse DCF	—	implied g: 10.9%
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: $4.53M

Near-term growth (yrs 1–5)(%)Rev: 11.3% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 15.34%

Computed WACC: 15.34%

Cost of equity (Re)15.82%(Rf 4.30% + β 2.10 × 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)96.93%

Debt weight (D/V)3.07%

Results

Intrinsic Value / share$2.60

Current Price$3.52

Upside / Downside-26.2%

Net Debt (used)-$107.63M

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

WACC \ Near-term	3.3%	7.3%	11.3%	15.3%	19.3%
7.0%	$3.64	$4.02	$4.45	$4.94	$5.51
8.0%	$3.28	$3.58	$3.92	$4.32	$4.77
9.0%	$3.03	$3.28	$3.56	$3.89	$4.26
10.0%	$2.85	$3.06	$3.30	$3.58	$3.89
11.0%	$2.71	$2.89	$3.10	$3.34	$3.61

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-1.00

Book Value / share($)Yahoo: $2.02

Results

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

Graham Number—

Current Price$3.52

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 15.34%

Terminal growth rate(%)

Computed WACC: 15.34%

Cost of equity (Re)15.82%(Rf 4.30% + β 2.10 × 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)96.93%

Debt weight (D/V)3.07%

Results

Current Price$3.52

Implied Near-term FCF Growth25.8%

Historical Revenue Growth11.3%

Historical Earnings Growth—

Base FCF (TTM)$4.53M

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$3.52

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$37.40M

Target EV/EBITDA multipleCurrent: -3.1×

Net Debt($B)Default: -$107.63M

Results

Implied Equity Value / share$3.57

Current Price$3.52

Upside / Downside+1.3%

Implied EV$115.29M

← Overview Financial Statements ← Companies