SB-PD

SB-PD — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($26.57)
DCF$2.61-90.2%
Graham Number$16.60-37.5%
Reverse DCFimplied g: 32.6%
DDM$41.20+55.1%
EV/EBITDA$26.75+0.7%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $36.88M
Rev: 1.5% / EPS: -41.1%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$2.61
Current Price$26.57
Upside / Downside-90.2%
Net Debt (used)$382.18M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$2.67$3.97$5.48$7.23$9.25
8.0%$1.52$2.57$3.79$5.19$6.81
9.0%$0.73$1.60$2.61$3.78$5.12
10.0%$0.15$0.89$1.75$2.75$3.88
11.0%$-0.30$0.35$1.10$1.96$2.94

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.51
Yahoo: $8.12

Results

Graham Number$16.60
Current Price$26.57
Margin of Safety-37.5%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$26.57
Implied Near-term FCF Growth32.6%
Historical Revenue Growth1.5%
Historical Earnings Growth-41.1%
Base FCF (TTM)$36.88M
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: $2.00

Results

DDM Intrinsic Value / share$41.20
Current Price$26.57
Upside / Downside+55.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $125.25M
Current: 24.7×
Default: $382.18M

Results

Implied Equity Value / share$26.75
Current Price$26.57
Upside / Downside+0.7%
Implied EV$3.10B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.62B-$617.82M$382.18M$1.38B$2.38B
20.7x$41.51$31.66$21.81$11.97$2.12
22.7x$43.97$34.13$24.28$14.43$4.59
24.7x$46.44$36.59$26.75$16.90$7.05
26.7x$48.90$39.06$29.21$19.37$9.52
28.7x$51.37$41.52$31.68$21.83$11.99