RIO

RIO — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($99.34)
DCF$74.11-25.4%
Graham Number$72.37-27.2%
Reverse DCFimplied g: 19.1%
DDM$82.81-16.6%
EV/EBITDA$132.57+33.4%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $3.50B
Rev: 14.6% / EPS: -5.6%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$74.11
Current Price$99.34
Upside / Downside-25.4%
Net Debt (used)$14.33B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term6.6%10.6%14.6%18.6%22.6%
7.0%$79.35$96.55$116.34$139.01$164.86
8.0%$61.90$75.59$91.33$109.34$129.87
9.0%$49.88$61.15$74.11$88.92$105.79
10.0%$41.10$50.62$61.55$74.03$88.23
11.0%$34.42$42.61$52.00$62.72$74.91

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $6.08
Yahoo: $38.28

Results

Graham Number$72.37
Current Price$99.34
Margin of Safety-27.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$99.34
Implied Near-term FCF Growth19.1%
Historical Revenue Growth14.6%
Historical Earnings Growth-5.6%
Base FCF (TTM)$3.50B
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: $4.02

Results

DDM Intrinsic Value / share$82.81
Current Price$99.34
Upside / Downside-16.6%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $20.28B
Current: 8.9×
Default: $14.33B

Results

Implied Equity Value / share$132.57
Current Price$99.34
Upside / Downside+33.4%
Implied EV$180.56B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$6.33B$10.33B$14.33B$18.33B$22.33B
4.9x$74.24$71.05$67.86$64.67$61.48
6.9x$106.59$103.40$100.21$97.02$93.83
8.9x$138.95$135.76$132.57$129.38$126.19
10.9x$171.30$168.11$164.92$161.73$158.54
12.9x$203.65$200.46$197.27$194.08$190.89