PSO

PSO — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($12.82)
DCF$24.56+91.5%
Graham Number$12.29-4.1%
Reverse DCFimplied g: -5.0%
DDM$6.80-47.0%
EV/EBITDA$13.06+1.9%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $947.37M
Rev: 3.2% / EPS: -35.7%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$24.56
Current Price$12.82
Upside / Downside+91.5%
Net Debt (used)$1.15B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$24.78$30.16$36.42$43.67$52.01
8.0%$20.05$24.38$29.41$35.23$41.92
9.0%$16.77$20.37$24.56$29.38$34.93
10.0%$14.36$17.44$21.00$25.11$29.82
11.0%$12.51$15.19$18.28$21.84$25.92

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.88
Yahoo: $7.63

Results

Graham Number$12.29
Current Price$12.82
Margin of Safety-4.1%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$12.82
Implied Near-term FCF Growth-5.0%
Historical Revenue Growth3.2%
Historical Earnings Growth-35.7%
Base FCF (TTM)$947.37M
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: $0.33

Results

DDM Intrinsic Value / share$6.80
Current Price$12.82
Upside / Downside-47.0%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $625.00M
Current: 15.0×
Default: $1.15B

Results

Implied Equity Value / share$13.06
Current Price$12.82
Upside / Downside+1.9%
Implied EV$9.38B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$1.15B$1.15B$1.15B$1.15B$1.15B
11.0x$9.10$9.10$9.10$9.10$9.10
13.0x$11.08$11.08$11.08$11.08$11.08
15.0x$13.06$13.06$13.06$13.06$13.06
17.0x$15.04$15.04$15.04$15.04$15.04
19.0x$17.03$17.03$17.03$17.03$17.03