NZF

NZF — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($12.89)
DCF$150.14+1064.6%
Graham Number$9.32-27.7%
Reverse DCFimplied g: 33.0%
DDM$19.57+51.8%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $48.93M
Rev: -1.2% / EPS: 73.4%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$150.14
Current Price$12.89
Upside / Downside+1064.6%
Net Debt (used)$1.69B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term65.4%69.4%73.4%77.4%81.4%
7.0%$194.36$219.96$248.08$278.91$312.64
8.0%$148.32$168.08$189.78$213.57$239.60
9.0%$117.00$132.79$150.14$169.14$189.94
10.0%$94.49$107.42$121.63$137.20$154.23
11.0%$77.63$88.43$100.29$113.29$127.50

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.30
Yahoo: $12.86

Results

Graham Number$9.32
Current Price$12.89
Margin of Safety-27.7%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$12.89
Implied Near-term FCF Growth33.0%
Historical Revenue Growth-1.2%
Historical Earnings Growth73.4%
Base FCF (TTM)$48.93M
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: $0.95

Results

DDM Intrinsic Value / share$19.57
Current Price$12.89
Upside / Downside+51.8%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $1.69B

Results

Implied Equity Value / share$-8.72
Current Price$12.89
Upside / Downside-167.6%
Implied EV$0