PNRG — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($205.68)
DCF	$100.89	-51.0%
Graham Number	$178.01	-13.5%
Reverse DCF	—	implied g: 17.5%
DDM	—	—
EV/EBITDA	$203.94	-0.8%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $9.30M

Near-term growth (yrs 1–5)(%)Rev: -33.0% / EPS: -50.2%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 3.90%

Computed WACC: 3.90%

Cost of equity (Re)3.90%(Rf 4.30% + β -0.07 × 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)99.83%

Debt weight (D/V)0.17%

Results

Intrinsic Value / share$466.16

Current Price$205.68

Upside / Downside+126.6%

Net Debt (used)-$3.11M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$101.74	$121.93	$145.42	$172.61	$203.92
8.0%	$83.97	$100.22	$119.10	$140.92	$166.02
9.0%	$71.66	$85.19	$100.89	$119.00	$139.82
10.0%	$62.62	$74.16	$87.53	$102.95	$120.64
11.0%	$55.70	$65.73	$77.33	$90.68	$105.99

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $10.82

Book Value / share($)Yahoo: $130.16

Results

Graham Number$178.01

Current Price$205.68

Margin of Safety-13.5%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 3.90%

Terminal growth rate(%)

Computed WACC: 3.90%

Cost of equity (Re)3.90%(Rf 4.30% + β -0.07 × 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)99.83%

Debt weight (D/V)0.17%

Results

Current Price$205.68

Implied Near-term FCF Growth-6.6%

Historical Revenue Growth-33.0%

Historical Earnings Growth-50.2%

Base FCF (TTM)$9.30M

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$205.68

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $119.72M

Target EV/EBITDA multipleCurrent: 2.8×

Net Debt($B)Default: -$3.11M

Results

Implied Equity Value / share$203.94

Current Price$205.68

Upside / Downside-0.8%

Implied EV$333.18M

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

Mult \ Net Debt	-$2.00B	-$1.00B	-$3.11M	$996.89M	$2.00B
-1.2x	$1126.39	$519.96	$-86.47	$-692.90	$-1299.32
0.8x	$1271.59	$665.16	$58.73	$-547.69	$-1154.12
2.8x	$1416.79	$810.37	$203.94	$-402.49	$-1008.92
4.8x	$1562.00	$955.57	$349.14	$-257.29	$-863.72
6.8x	$1707.20	$1100.77	$494.34	$-112.08	$-718.51

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