MHD

MHD — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($11.96)
DCF$-3.38-128.3%
Graham Number
Reverse DCFimplied g: 34.2%
DDM$14.63+22.3%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $11.64M
Rev: 9.1% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-3.39
Current Price$11.96
Upside / Downside-128.4%
Net Debt (used)$436.26M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term1.1%5.1%9.1%13.1%17.1%
7.0%$-3.23$-2.22$-1.06$0.29$1.84
8.0%$-4.18$-3.37$-2.44$-1.36$-0.13
9.0%$-4.84$-4.17$-3.39$-2.50$-1.48
10.0%$-5.32$-4.75$-4.09$-3.34$-2.47
11.0%$-5.68$-5.19$-4.62$-3.97$-3.23

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-0.81
Yahoo: $12.10

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$11.96
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$11.96
Implied Near-term FCF Growth34.2%
Historical Revenue Growth9.1%
Historical Earnings Growth
Base FCF (TTM)$11.64M
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: $0.71

Results

DDM Intrinsic Value / share$14.63
Current Price$11.96
Upside / Downside+22.3%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $436.26M

Results

Implied Equity Value / share$-8.37
Current Price$11.96
Upside / Downside-170.0%
Implied EV$0