PASG — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($8.78)
DCF	$-99.38	-1231.8%
Graham Number	—	—
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$19.61M

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

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 7.37%

Computed WACC: 7.37%

Cost of equity (Re)13.79%(Rf 4.30% + β 1.73 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

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

Equity weight (E/V)53.42%

Debt weight (D/V)46.58%

Results

Intrinsic Value / share$-136.07

Current Price$8.78

Upside / Downside-1649.8%

Net Debt (used)-$28.44M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-100.31	$-122.40	$-148.10	$-177.85	$-212.11
8.0%	$-80.87	$-98.65	$-119.31	$-143.18	$-170.65
9.0%	$-67.40	$-82.20	$-99.38	$-119.20	$-141.98
10.0%	$-57.51	$-70.14	$-84.77	$-101.63	$-120.99
11.0%	$-49.93	$-60.91	$-73.60	$-88.21	$-104.96

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-14.62

Book Value / share($)Yahoo: $9.79

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.

Graham Number—

Current Price$8.78

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 7.37%

Terminal growth rate(%)

Computed WACC: 7.37%

Cost of equity (Re)13.79%(Rf 4.30% + β 1.73 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

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

Equity weight (E/V)53.42%

Debt weight (D/V)46.58%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$8.78

Implied Near-term FCF Growth—

Historical Revenue Growth—

Historical Earnings Growth—

Base FCF (TTM)-$19.61M

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: —

Dividend growth rate (g)(%)

Required return (r)(%)

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$8.78

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$45.81M

Target EV/EBITDA multipleCurrent: -0.0×

Net Debt($B)Default: -$28.44M

Results

Implied Equity Value / share$9.12

Current Price$8.78

Upside / Downside+3.9%

Implied EV$549,732

← Overview Financial Statements ← Companies