NICE

NICE — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($116.38)
DCF$2135.36+1734.8%
Graham Number$112.70-3.2%
Reverse DCFimplied g: 2.3%
DDM
EV/EBITDA$111.98-3.8%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $457.31M
Rev: 9.0% / EPS: 56.7%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$2131.71
Current Price$116.38
Upside / Downside+1731.7%
Net Debt (used)-$328.60M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term48.7%52.7%56.7%60.7%64.7%
7.0%$2625.44$2992.88$3400.64$3851.93$4350.18
8.0%$2044.57$2329.66$2645.98$2996.02$3382.41
9.0%$1648.68$1877.68$2131.71$2412.78$2722.99
10.0%$1363.33$1551.93$1761.09$1992.47$2247.81
11.0%$1149.16$1307.43$1482.94$1677.06$1891.24

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $8.80
Yahoo: $64.15

Results

Graham Number$112.70
Current Price$116.38
Margin of Safety-3.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$116.38
Implied Near-term FCF Growth2.3%
Historical Revenue Growth9.0%
Historical Earnings Growth56.7%
Base FCF (TTM)$457.31M
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: —

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$116.38
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $853.87M
Current: 7.7×
Default: -$328.60M

Results

Implied Equity Value / share$111.98
Current Price$116.38
Upside / Downside-3.8%
Implied EV$6.59B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.33B-$1.33B-$328.60M$671.40M$1.67B
3.7x$89.05$72.85$56.66$40.46$24.26
5.7x$116.71$100.51$84.32$68.12$51.92
7.7x$144.37$128.17$111.98$95.78$79.58
9.7x$172.03$155.83$139.64$123.44$107.24
11.7x$199.69$183.49$167.30$151.10$134.90