NTLA — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($15.44)
DCF	$-1609.14	-10521.9%
Graham Number	—	—
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$233.29M

Near-term growth (yrs 1–5)(%)Rev: 78.8% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 14.66%

Computed WACC: 14.66%

Cost of equity (Re)15.43%(Rf 4.30% + β 2.02 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)95.04%

Debt weight (D/V)4.96%

Results

Intrinsic Value / share$-632.19

Current Price$15.44

Upside / Downside-4194.5%

Net Debt (used)-$356.56M

Sensitivity: WACC (rows) × Near-term g (cols)

WACC \ Near-term	70.8%	74.8%	78.8%	82.8%	86.8%
7.0%	$-2079.07	$-2333.11	$-2611.42	$-2915.69	$-3247.70
8.0%	$-1604.36	$-1800.18	$-2014.69	$-2249.20	$-2505.07
9.0%	$-1281.71	$-1437.98	$-1609.14	$-1796.24	$-2000.37
10.0%	$-1049.85	$-1177.70	$-1317.72	$-1470.77	$-1637.73
11.0%	$-876.39	$-982.98	$-1099.71	$-1227.29	$-1366.46

2 — Graham Number

Assumptions

MultiplierGraham used 22.5 (15× P/E × 1.5× P/B)

EPS (trailing)($)Yahoo: $-4.25

Book Value / share($)Yahoo: $5.77

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.

Graham Number—

Current Price$15.44

Margin of Safety—

Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 14.66%

Terminal growth rate(%)

Computed WACC: 14.66%

Cost of equity (Re)15.43%(Rf 4.30% + β 2.02 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)95.04%

Debt weight (D/V)4.96%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$15.44

Implied Near-term FCF Growth—

Historical Revenue Growth78.8%

Historical Earnings Growth—

Base FCF (TTM)-$233.29M

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

Annual dividend D0($/share)Yahoo: —

Dividend growth rate (g)(%)

Required return (r)(%)

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$15.44

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$431.22M

Target EV/EBITDA multipleCurrent: -2.9×

Net Debt($B)Default: -$356.56M

Results

Implied Equity Value / share$14.05

Current Price$15.44

Upside / Downside-9.0%

Implied EV$1.27B

← Overview Financial Statements ← Companies