NCV

NCV — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($16.20)
DCF$6.09-62.4%
Graham Number$64.14+295.9%
Reverse DCFimplied g: 17.0%
DDM$33.58+107.3%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $12.91M
Rev: -3.6% / EPS: -7.8%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$6.09
Current Price$16.20
Upside / Downside-62.4%
Net Debt (used)$89.04M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$6.18$8.22$10.60$13.36$16.53
8.0%$4.38$6.02$7.94$10.15$12.69
9.0%$3.13$4.50$6.09$7.93$10.03
10.0%$2.21$3.38$4.74$6.30$8.09
11.0%$1.51$2.53$3.70$5.06$6.61

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $11.58
Yahoo: $15.79

Results

Graham Number$64.14
Current Price$16.20
Margin of Safety+295.9%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$16.20
Implied Near-term FCF Growth17.0%
Historical Revenue Growth-3.6%
Historical Earnings Growth-7.8%
Base FCF (TTM)$12.91M
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: $1.63

Results

DDM Intrinsic Value / share$33.58
Current Price$16.20
Upside / Downside+107.3%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $89.04M

Results

Implied Equity Value / share$-3.94
Current Price$16.20
Upside / Downside-124.3%
Implied EV$0