PHAR

PHAR — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($15.67)
DCF$45.91+193.0%
Graham Number
Reverse DCFimplied g: 10.6%
DDM
EV/EBITDA$115.28+635.7%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $43.51M
Rev: 30.0% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$45.91
Current Price$15.67
Upside / Downside+193.0%
Net Debt (used)-$35.25M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term22.0%26.0%30.0%34.0%38.0%
7.0%$52.04$60.76$70.64$81.80$94.35
8.0%$41.34$48.20$55.97$64.73$74.58
9.0%$34.02$39.60$45.91$53.04$61.04
10.0%$28.70$33.36$38.62$44.56$51.23
11.0%$24.68$28.64$33.12$38.16$43.82

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.00
Yahoo: $0.53

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$15.67
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$15.67
Implied Near-term FCF Growth10.6%
Historical Revenue Growth30.0%
Historical Earnings Growth
Base FCF (TTM)$43.51M
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$15.67
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $47.91M
Current: 166.9×
Default: -$35.25M

Results

Implied Equity Value / share$115.28
Current Price$15.67
Upside / Downside+635.7%
Implied EV$8.00B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.04B-$1.04B-$35.25M$964.75M$1.96B
162.9x$141.23$126.88$112.53$98.17$83.82
164.9x$142.61$128.25$113.90$99.55$85.19
166.9x$143.98$129.63$115.28$100.92$86.57
168.9x$145.36$131.01$116.65$102.30$87.94
170.9x$146.73$132.38$118.03$103.67$89.32