LMND — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($53.26)
DCF	$382.47	+618.1%
Graham Number	—	—
Reverse DCF	—	implied g: 15.7%
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: $115.35M

Near-term growth (yrs 1–5)(%)Rev: 53.5% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 14.89%

Computed WACC: 14.89%

Cost of equity (Re)15.57%(Rf 4.30% + β 2.05 × 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)95.62%

Debt weight (D/V)4.38%

Results

Intrinsic Value / share$156.51

Current Price$53.26

Upside / Downside+193.9%

Net Debt (used)-$217.00M

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

WACC \ Near-term	45.5%	49.5%	53.5%	57.5%	61.5%
7.0%	$467.68	$534.27	$608.34	$690.48	$781.34
8.0%	$365.17	$416.90	$474.42	$538.20	$608.74
9.0%	$295.28	$336.88	$383.12	$434.39	$491.09
10.0%	$244.88	$279.17	$317.29	$359.54	$406.26
11.0%	$207.02	$235.84	$267.86	$303.35	$342.57

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-2.37

Book Value / share($)Yahoo: $7.03

Results

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

Graham Number—

Current Price$53.26

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 14.89%

Terminal growth rate(%)

Computed WACC: 14.89%

Cost of equity (Re)15.57%(Rf 4.30% + β 2.05 × 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)95.62%

Debt weight (D/V)4.38%

Results

Current Price$53.26

Implied Near-term FCF Growth30.3%

Historical Revenue Growth53.5%

Historical Earnings Growth—

Base FCF (TTM)$115.35M

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$53.26

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$121.50M

Target EV/EBITDA multipleCurrent: -31.7×

Net Debt($B)Default: -$217.00M

Results

Implied Equity Value / share$54.44

Current Price$53.26

Upside / Downside+2.2%

Implied EV$3.85B

← Overview Financial Statements ← Companies