NCT

NCT — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($0.23)
DCF$23.13+9782.6%
Graham Number$1.45+518.5%
Reverse DCFimplied g: -20.0%
DDM
EV/EBITDA$0.20-12.5%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $7.05M
Rev: -10.7% / EPS: 36.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$23.13
Current Price$0.23
Upside / Downside+9782.6%
Net Debt (used)$2.41M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term28.0%32.0%36.0%40.0%44.0%
7.0%$26.83$31.19$36.11$41.63$47.81
8.0%$21.14$24.55$28.40$32.72$37.55
9.0%$17.24$20.01$23.13$26.63$30.54
10.0%$14.42$16.72$19.31$22.22$25.47
11.0%$12.29$14.24$16.43$18.89$21.64

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.10
Yahoo: $0.93

Results

Graham Number$1.45
Current Price$0.23
Margin of Safety+518.5%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$0.23
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth-10.7%
Historical Earnings Growth36.0%
Base FCF (TTM)$7.05M
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$0.23
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $8.60M
Current: 1.0×
Default: $2.41M

Results

Implied Equity Value / share$0.20
Current Price$0.23
Upside / Downside-12.5%
Implied EV$8.65M
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.00B-$997.59M$2.41M$1.00B$2.00B
-3.0x$64.68$31.88$-0.92$-33.73$-66.53
-1.0x$65.25$32.44$-0.36$-33.16$-65.97
1.0x$65.81$33.01$0.20$-32.60$-65.40
3.0x$66.38$33.57$0.77$-32.03$-64.84
5.0x$66.94$34.14$1.33$-31.47$-64.27