SAN

SAN — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($11.96)
DCF$2.13-82.2%
Graham Number$13.50+12.9%
Reverse DCF
DDM$5.36-55.2%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: -6.4% / EPS: 25.3%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$2.13
Current Price$11.96
Upside / Downside-82.2%
Net Debt (used)-$30.98B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term17.3%21.3%25.3%29.3%33.3%
7.0%$2.13$2.13$2.13$2.13$2.13
8.0%$2.13$2.13$2.13$2.13$2.13
9.0%$2.13$2.13$2.13$2.13$2.13
10.0%$2.13$2.13$2.13$2.13$2.13
11.0%$2.13$2.13$2.13$2.13$2.13

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.98
Yahoo: $8.26

Results

Graham Number$13.50
Current Price$11.96
Margin of Safety+12.9%
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$11.96
Implied Near-term FCF Growth
Historical Revenue Growth-6.4%
Historical Earnings Growth25.3%
Base FCF (TTM)
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: $0.26

Results

DDM Intrinsic Value / share$5.36
Current Price$11.96
Upside / Downside-55.2%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: -$30.98B

Results

Implied Equity Value / share$2.13
Current Price$11.96
Upside / Downside-82.2%
Implied EV$0