PAM

PAM — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($77.78)
DCF$-336.84-533.1%
Graham Number$18.40-76.3%
Reverse DCF
DDM
EV/EBITDA$1944.66+2400.2%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: -$756.90M
Rev: 9.4% / EPS: -81.8%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-336.84
Current Price$77.78
Upside / Downside-533.1%
Net Debt (used)$915.00M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term1.4%5.4%9.4%13.4%17.4%
7.0%$-347.52$-412.44$-487.59$-574.13$-673.36
8.0%$-286.36$-338.33$-398.41$-467.53$-546.70
9.0%$-244.09$-287.14$-336.84$-393.97$-459.32
10.0%$-213.15$-249.69$-291.83$-340.21$-395.50
11.0%$-189.54$-221.13$-257.52$-299.25$-346.91

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $5.96
Yahoo: $2.52

Results

Graham Number$18.40
Current Price$77.78
Margin of Safety-76.3%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$77.78
Implied Near-term FCF Growth
Historical Revenue Growth9.4%
Historical Earnings Growth-81.8%
Base FCF (TTM)-$756.90M
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$77.78
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $606.96M
Current: 173.7×
Default: $915.00M

Results

Implied Equity Value / share$1944.66
Current Price$77.78
Upside / Downside+2400.2%
Implied EV$105.43B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.08B-$85.00M$915.00M$1.92B$2.92B
169.7x$1936.70$1918.10$1899.49$1880.88$1862.28
171.7x$1959.29$1940.68$1922.08$1903.47$1884.86
173.7x$1981.88$1963.27$1944.66$1926.06$1907.45
175.7x$2004.46$1985.86$1967.25$1948.64$1930.04
177.7x$2027.05$2008.44$1989.84$1971.23$1952.62