RIG — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($6.19)
DCF	$17.09	+176.1%
Graham Number	—	—
Reverse DCF	—	implied g: -2.1%
DDM	—	—
EV/EBITDA	$6.25	+1.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $1.05B

Near-term growth (yrs 1–5)(%)Rev: 9.6% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 6.46%

Computed WACC: 6.46%

Cost of equity (Re)12.11%(Rf 4.30% + β 1.42 × 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)53.34%

Debt weight (D/V)46.66%

Results

Intrinsic Value / share$32.06

Current Price$6.19

Upside / Downside+418.0%

Net Debt (used)$5.35B

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

WACC \ Near-term	1.6%	5.6%	9.6%	13.6%	17.6%
7.0%	$17.85	$22.30	$27.46	$33.39	$40.19
8.0%	$13.64	$17.21	$21.32	$26.06	$31.49
9.0%	$10.73	$13.69	$17.09	$21.01	$25.49
10.0%	$8.61	$11.11	$14.00	$17.31	$21.10
11.0%	$6.98	$9.15	$11.64	$14.50	$17.76

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-3.04

Book Value / share($)Yahoo: $7.36

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.

Graham Number—

Current Price$6.19

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 6.46%

Terminal growth rate(%)

Computed WACC: 6.46%

Cost of equity (Re)12.11%(Rf 4.30% + β 1.42 × 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)53.34%

Debt weight (D/V)46.66%

Results

Current Price$6.19

Implied Near-term FCF Growth-9.2%

Historical Revenue Growth9.6%

Historical Earnings Growth—

Base FCF (TTM)$1.05B

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$6.19

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $1.36B

Target EV/EBITDA multipleCurrent: 9.0×

Net Debt($B)Default: $5.35B

Results

Implied Equity Value / share$6.25

Current Price$6.19

Upside / Downside+1.0%

Implied EV$12.24B

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

Mult \ Net Debt	$3.35B	$4.35B	$5.35B	$6.35B	$7.35B
5.0x	$3.11	$2.21	$1.30	$0.39	$-0.51
7.0x	$5.59	$4.68	$3.77	$2.87	$1.96
9.0x	$8.06	$7.16	$6.25	$5.34	$4.44
11.0x	$10.54	$9.63	$8.73	$7.82	$6.91
13.0x	$13.01	$12.11	$11.20	$10.29	$9.39

← Overview Financial Statements ← Companies