PAGS

PAGS — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($10.73)
DCF$744.38+6837.4%
Graham Number$17.97+67.5%
Reverse DCFimplied g: -20.0%
DDM$2.88-73.1%
EV/EBITDA$18.29+70.5%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $4.43B
Rev: 4.5% / EPS: 13.5%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$745.65
Current Price$10.73
Upside / Downside+6849.2%
Net Debt (used)$742.81M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term5.5%9.5%13.5%17.5%21.5%
7.0%$787.42$938.62$1112.81$1312.56$1540.63
8.0%$636.27$756.76$895.43$1054.30$1235.54
9.0%$532.04$631.41$745.65$876.41$1025.46
10.0%$455.93$539.92$636.38$746.68$872.32
11.0%$398.00$470.31$553.28$648.08$755.95

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.44
Yahoo: $9.97

Results

Graham Number$17.97
Current Price$10.73
Margin of Safety+67.5%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$10.73
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth4.5%
Historical Earnings Growth13.5%
Base FCF (TTM)$4.43B
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: $0.14

Results

DDM Intrinsic Value / share$2.88
Current Price$10.73
Upside / Downside-73.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $8.82B
Current: 0.4×
Default: $742.81M

Results

Implied Equity Value / share$18.29
Current Price$10.73
Upside / Downside+70.5%
Implied EV$3.86B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.26B-$257.19M$742.81M$1.74B$2.74B
-3.6x$-176.79$-182.66$-188.52$-194.39$-200.25
-1.6x$-73.39$-79.25$-85.12$-90.98$-96.84
0.4x$30.02$24.15$18.29$12.43$6.56
2.4x$133.42$127.56$121.69$115.83$109.97
4.4x$236.83$230.96$225.10$219.24$213.37