ODC — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($69.00)
DCF	$64.63	-6.3%
Graham Number	$38.64	-44.0%
Reverse DCF	—	implied g: 6.1%
DDM	$14.83	-78.5%
EV/EBITDA	$97.25	+40.9%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $38.75M

Near-term growth (yrs 1–5)(%)Rev: -5.8% / EPS: -6.1%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 8.30%

Computed WACC: 8.30%

Cost of equity (Re)8.56%(Rf 4.30% + β 0.77 × ERP 5.50%)

Cost of debt (Rd)4.49%(interest expense ÷ avg debt (SEC))

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

Equity weight (E/V)94.88%

Debt weight (D/V)5.12%

Results

Intrinsic Value / share$72.66

Current Price$69.00

Upside / Downside+5.3%

Net Debt (used)$11.84M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$65.20	$78.61	$94.22	$112.28	$133.09
8.0%	$53.39	$64.19	$76.73	$91.23	$107.91
9.0%	$45.21	$54.20	$64.63	$76.67	$90.50
10.0%	$39.21	$46.88	$55.76	$66.00	$77.75
11.0%	$34.61	$41.27	$48.98	$57.85	$68.02

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $3.63

Book Value / share($)Yahoo: $18.28

Results

Graham Number$38.64

Current Price$69.00

Margin of Safety-44.0%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 8.30%

Terminal growth rate(%)

Computed WACC: 8.30%

Cost of equity (Re)8.56%(Rf 4.30% + β 0.77 × ERP 5.50%)

Cost of debt (Rd)4.49%(interest expense ÷ avg debt (SEC))

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

Equity weight (E/V)94.88%

Debt weight (D/V)5.12%

Results

Current Price$69.00

Implied Near-term FCF Growth4.2%

Historical Revenue Growth-5.8%

Historical Earnings Growth-6.1%

Base FCF (TTM)$38.75M

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: $0.72

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$14.83

Current Price$69.00

Upside / Downside-78.5%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $86.66M

Target EV/EBITDA multipleCurrent: 11.7×

Net Debt($B)Default: $11.84M

Results

Implied Equity Value / share$97.25

Current Price$69.00

Upside / Downside+40.9%

Implied EV$1.02B

Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)

Mult \ Net Debt	-$1.99B	-$988.16M	$11.84M	$1.01B	$2.01B
7.7x	$257.11	$160.42	$63.74	$-32.95	$-129.63
9.7x	$273.86	$177.18	$80.49	$-16.19	$-112.88
11.7x	$290.62	$193.94	$97.25	$0.56	$-96.12
13.7x	$307.38	$210.69	$114.01	$17.32	$-79.36
15.7x	$324.13	$227.45	$130.76	$34.08	$-62.61

← Overview Financial Statements ← Companies