PGP

PGP — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($9.39)
DCF$1728.27+18305.5%
Graham Number$16.73+78.2%
Reverse DCFimplied g: 16.5%
DDM$17.10+82.1%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $3.77M
Rev: 17.4% / EPS: 125.8%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$1728.27
Current Price$9.39
Upside / Downside+18305.5%
Net Debt (used)$20.77M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term117.8%121.8%125.8%129.8%133.8%
7.0%$2383.06$2609.90$2853.68$3115.36$3395.88
8.0%$1822.85$1996.33$2182.77$2382.88$2597.41
9.0%$1443.34$1580.68$1728.27$1886.69$2056.50
10.0%$1171.62$1283.08$1402.86$1531.42$1669.24
11.0%$969.14$1061.32$1160.38$1266.69$1380.66

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.53
Yahoo: $8.13

Results

Graham Number$16.73
Current Price$9.39
Margin of Safety+78.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$9.39
Implied Near-term FCF Growth16.5%
Historical Revenue Growth17.4%
Historical Earnings Growth125.8%
Base FCF (TTM)$3.77M
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: $0.83

Results

DDM Intrinsic Value / share$17.10
Current Price$9.39
Upside / Downside+82.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $20.77M

Results

Implied Equity Value / share$-1.80
Current Price$9.39
Upside / Downside-119.1%
Implied EV$0