MLR

MLR — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($44.98)
DCF$104.36+132.0%
Graham Number$46.33+3.0%
Reverse DCFimplied g: -9.5%
DDM$16.48-63.4%
EV/EBITDA$44.75-0.5%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $67.32M
Rev: -22.5% / EPS: -67.1%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$104.36
Current Price$44.98
Upside / Downside+132.0%
Net Debt (used)-$11.11M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$105.25$126.33$150.87$179.26$211.96
8.0%$86.69$103.67$123.38$146.17$172.38
9.0%$73.84$87.97$104.36$123.28$145.02
10.0%$64.40$76.45$90.42$106.51$124.99
11.0%$57.17$67.64$79.76$93.71$109.69

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $2.58
Yahoo: $36.98

Results

Graham Number$46.33
Current Price$44.98
Margin of Safety+3.0%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$44.98
Implied Near-term FCF Growth-9.5%
Historical Revenue Growth-22.5%
Historical Earnings Growth-67.1%
Base FCF (TTM)$67.32M
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: $0.80

Results

DDM Intrinsic Value / share$16.48
Current Price$44.98
Upside / Downside-63.4%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $46.09M
Current: 10.9×
Default: -$11.11M

Results

Implied Equity Value / share$44.75
Current Price$44.98
Upside / Downside-0.5%
Implied EV$500.40M
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.01B-$1.01B-$11.11M$988.89M$1.99B
6.9x$203.57$116.09$28.62$-58.86$-146.34
8.9x$211.64$124.16$36.68$-50.80$-138.28
10.9x$219.70$132.22$44.75$-42.73$-130.21
12.9x$227.77$140.29$52.81$-34.67$-122.15
14.9x$235.83$148.35$60.87$-26.60$-114.08