NMI

NMI — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($9.99)
DCF$0.06-99.4%
Graham Number$7.90-20.9%
Reverse DCF
DDM$9.48-5.2%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: 4.6% / EPS: -19.1%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$0.06
Current Price$9.99
Upside / Downside-99.4%
Net Debt (used)-$686,959
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$0.06$0.06$0.06$0.06$0.06
8.0%$0.06$0.06$0.06$0.06$0.06
9.0%$0.06$0.06$0.06$0.06$0.06
10.0%$0.06$0.06$0.06$0.06$0.06
11.0%$0.06$0.06$0.06$0.06$0.06

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.28
Yahoo: $9.92

Results

Graham Number$7.90
Current Price$9.99
Margin of Safety-20.9%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$9.99
Implied Near-term FCF Growth
Historical Revenue Growth4.6%
Historical Earnings Growth-19.1%
Base FCF (TTM)
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: $0.46

Results

DDM Intrinsic Value / share$9.48
Current Price$9.99
Upside / Downside-5.2%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: -$686,959

Results

Implied Equity Value / share$0.06
Current Price$9.99
Upside / Downside-99.4%
Implied EV$0