PACS

PACS — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($36.47)
DCF$437.40+1099.5%
Graham Number$11.95-67.2%
Reverse DCFimplied g: 18.1%
DDM
EV/EBITDA$38.32+5.1%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $241.90M
Rev: 12.4% / EPS: 57.2%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$437.40
Current Price$36.47
Upside / Downside+1099.5%
Net Debt (used)$3.40B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term49.2%53.2%57.2%61.2%65.2%
7.0%$544.78$624.00$711.87$809.09$916.40
8.0%$419.03$480.48$548.63$624.03$707.23
9.0%$333.33$382.68$437.40$497.93$564.71
10.0%$271.57$312.20$357.24$407.06$462.02
11.0%$225.21$259.30$297.10$338.88$384.97

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.05
Yahoo: $6.04

Results

Graham Number$11.95
Current Price$36.47
Margin of Safety-67.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$36.47
Implied Near-term FCF Growth18.1%
Historical Revenue Growth12.4%
Historical Earnings Growth57.2%
Base FCF (TTM)$241.90M
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$36.47
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $365.26M
Current: 25.6×
Default: $3.40B

Results

Implied Equity Value / share$38.32
Current Price$36.47
Upside / Downside+5.1%
Implied EV$9.35B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$1.40B$2.40B$3.40B$4.40B$5.40B
21.6x$41.79$35.35$28.91$22.46$16.02
23.6x$46.50$40.06$33.61$27.17$20.73
25.6x$51.21$44.77$38.32$31.88$25.43
27.6x$55.92$49.47$43.03$36.58$30.14
29.6x$60.63$54.18$47.74$41.29$34.85