PLMR — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($126.60)
DCF	$5120.54	+3944.7%
Graham Number	$75.73	-40.2%
Reverse DCF	—	implied g: -6.0%
DDM	—	—
EV/EBITDA	$127.41	+0.6%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $353.89M

Near-term growth (yrs 1–5)(%)Rev: 62.7% / EPS: 59.9%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 6.80%

Computed WACC: 6.80%

Cost of equity (Re)6.81%(Rf 4.30% + β 0.46 × ERP 5.50%)

Cost of debt (Rd)5.53%(interest expense ÷ avg debt (SEC))

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

Equity weight (E/V)99.79%

Debt weight (D/V)0.21%

Results

Intrinsic Value / share$8705.35

Current Price$126.60

Upside / Downside+6776.3%

Net Debt (used)-$99.78M

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

WACC \ Near-term	54.7%	58.7%	62.7%	66.7%	70.7%
7.0%	$6410.66	$7274.50	$8229.44	$9282.53	$10441.16
8.0%	$4976.93	$5645.77	$6385.04	$7200.18	$8096.91
9.0%	$4000.66	$4536.76	$5129.23	$5782.42	$6500.90
10.0%	$3297.67	$3738.24	$4225.06	$4761.69	$5351.88
11.0%	$2770.57	$3139.55	$3547.19	$3996.48	$4490.54

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $7.17

Book Value / share($)Yahoo: $35.55

Results

Graham Number$75.73

Current Price$126.60

Margin of Safety-40.2%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 6.80%

Terminal growth rate(%)

Computed WACC: 6.80%

Cost of equity (Re)6.81%(Rf 4.30% + β 0.46 × ERP 5.50%)

Cost of debt (Rd)5.53%(interest expense ÷ avg debt (SEC))

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

Equity weight (E/V)99.79%

Debt weight (D/V)0.21%

Results

Current Price$126.60

Implied Near-term FCF Growth-11.7%

Historical Revenue Growth62.7%

Historical Earnings Growth59.9%

Base FCF (TTM)$353.89M

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$126.60

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $258.71M

Target EV/EBITDA multipleCurrent: 12.7×

Net Debt($B)Default: -$99.78M

Results

Implied Equity Value / share$127.41

Current Price$126.60

Upside / Downside+0.6%

Implied EV$3.28B

Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)

Mult \ Net Debt	-$2.10B	-$1.10B	-$99.78M	$900.22M	$1.90B
8.7x	$163.80	$126.09	$88.39	$50.68	$12.97
10.7x	$183.31	$145.60	$107.90	$70.19	$32.48
12.7x	$202.82	$165.12	$127.41	$89.70	$51.99
14.7x	$222.33	$184.63	$146.92	$109.21	$71.50
16.7x	$241.84	$204.14	$166.43	$128.72	$91.02

← Overview Financial Statements ← Companies