NCZ-PA

NCZ-PA — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($20.59)
DCF$-0.21-101.0%
Graham Number$20.47-0.6%
Reverse DCFimplied g: 88.3%
DDM$28.43+38.1%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $1.31M
Rev: -3.5% / EPS: -6.9%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-0.21
Current Price$20.59
Upside / Downside-101.0%
Net Debt (used)$38.68M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-0.20$-0.14$-0.07$0.01$0.11
8.0%$-0.26$-0.21$-0.15$-0.08$-0.01
9.0%$-0.30$-0.26$-0.21$-0.15$-0.09
10.0%$-0.33$-0.29$-0.25$-0.20$-0.15
11.0%$-0.35$-0.32$-0.28$-0.24$-0.19

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.31
Yahoo: $14.16

Results

Graham Number$20.47
Current Price$20.59
Margin of Safety-0.6%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$20.59
Implied Near-term FCF Growth88.3%
Historical Revenue Growth-3.5%
Historical Earnings Growth-6.9%
Base FCF (TTM)$1.31M
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: $1.38

Results

DDM Intrinsic Value / share$28.43
Current Price$20.59
Upside / Downside+38.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $38.68M

Results

Implied Equity Value / share$-0.51
Current Price$20.59
Upside / Downside-102.5%
Implied EV$0