ROG — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($111.91)
DCF	$106.96	-4.4%
Graham Number	—	—
Reverse DCF	—	implied g: 5.8%
DDM	—	—
EV/EBITDA	$110.93	-0.9%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $100.09M

Near-term growth (yrs 1–5)(%)Rev: 4.8% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 6.33%

Computed WACC: 6.33%

Cost of equity (Re)6.42%(Rf 4.30% + β 0.39 × 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)98.51%

Debt weight (D/V)1.49%

Results

Intrinsic Value / share$175.91

Current Price$111.91

Upside / Downside+57.2%

Net Debt (used)-$166.40M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$107.80	$127.72	$150.91	$177.74	$208.64
8.0%	$90.26	$106.30	$124.93	$146.47	$171.24
9.0%	$78.11	$91.47	$106.96	$124.84	$145.38
10.0%	$69.19	$80.58	$93.78	$108.99	$126.45
11.0%	$62.36	$72.26	$83.71	$96.89	$112.00

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-3.66

Book Value / share($)Yahoo: $67.17

Results

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

Graham Number—

Current Price$111.91

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 6.33%

Terminal growth rate(%)

Computed WACC: 6.33%

Cost of equity (Re)6.42%(Rf 4.30% + β 0.39 × 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)98.51%

Debt weight (D/V)1.49%

Results

Current Price$111.91

Implied Near-term FCF Growth-2.5%

Historical Revenue Growth4.8%

Historical Earnings Growth—

Base FCF (TTM)$100.09M

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$111.91

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $106.30M

Target EV/EBITDA multipleCurrent: 17.2×

Net Debt($B)Default: -$166.40M

Results

Implied Equity Value / share$110.93

Current Price$111.91

Upside / Downside-0.9%

Implied EV$1.83B

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

Mult \ Net Debt	-$2.17B	-$1.17B	-$166.40M	$833.60M	$1.83B
13.2x	$198.50	$142.89	$87.29	$31.69	$-23.92
15.2x	$210.32	$154.72	$99.11	$43.51	$-12.09
17.2x	$222.14	$166.54	$110.93	$55.33	$-0.27
19.2x	$233.96	$178.36	$122.75	$67.15	$11.55
21.2x	$245.78	$190.18	$134.58	$78.97	$23.37

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