MICC

MICC — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($15.44)
DCF$6.40-58.6%
Graham Number$3.94-74.5%
Reverse DCFimplied g: 21.2%
DDM
EV/EBITDA$15.83+2.6%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $204.00M
Rev: -4.1% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$6.40
Current Price$15.44
Upside / Downside-58.6%
Net Debt (used)-$336.00M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$6.45$7.64$9.03$10.64$12.49
8.0%$5.40$6.36$7.47$8.76$10.25
9.0%$4.67$5.47$6.40$7.47$8.70
10.0%$4.14$4.82$5.61$6.52$7.57
11.0%$3.73$4.32$5.01$5.80$6.70

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.57
Yahoo: $1.21

Results

Graham Number$3.94
Current Price$15.44
Margin of Safety-74.5%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$15.44
Implied Near-term FCF Growth21.2%
Historical Revenue Growth-4.1%
Historical Earnings Growth
Base FCF (TTM)$204.00M
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: —

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$15.44
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $919.00M
Current: 10.2×
Default: -$336.00M

Results

Implied Equity Value / share$15.83
Current Price$15.44
Upside / Downside+2.6%
Implied EV$9.36B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.34B-$1.34B-$336.00M$664.00M$1.66B
6.2x$13.10$11.46$9.83$8.20$6.56
8.2x$16.10$14.47$12.83$11.20$9.57
10.2x$19.10$17.47$15.83$14.20$12.57
12.2x$22.10$20.47$18.84$17.20$15.57
14.2x$25.11$23.47$21.84$20.21$18.57