RAYA

RAYA — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($0.76)
DCF$-267.72-35229.0%
Graham Number$95.35+12412.0%
Reverse DCF
DDM
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: -$12.34M
Rev: -26.8% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-267.72
Current Price$0.76
Upside / Downside-35229.0%
Net Debt (used)$13.05M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-269.89$-321.39$-381.30$-450.64$-530.51
8.0%$-224.57$-266.02$-314.17$-369.83$-433.85
9.0%$-193.17$-227.69$-267.72$-313.93$-367.03
10.0%$-170.12$-199.56$-233.67$-272.98$-318.10
11.0%$-152.47$-178.05$-207.64$-241.70$-280.74

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $3.52
Yahoo: $114.80

Results

Graham Number$95.35
Current Price$0.76
Margin of Safety+12412.0%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$0.76
Implied Near-term FCF Growth
Historical Revenue Growth-26.8%
Historical Earnings Growth
Base FCF (TTM)-$12.34M
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$0.76
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: -$303,099
Current: -43.6×
Default: $13.05M

Results

Implied Equity Value / share$0.20
Current Price$0.76
Upside / Downside-73.2%
Implied EV$13.23M