SFL

SFL — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($11.01)
DCF$9.64-12.4%
Graham Number
Reverse DCFimplied g: 5.8%
DDM$16.48+49.7%
EV/EBITDA$11.01-0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $210.29M
Rev: -24.3% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$9.64
Current Price$11.01
Upside / Downside-12.4%
Net Debt (used)$2.41B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$9.88$15.55$22.15$29.78$38.58
8.0%$4.89$9.46$14.76$20.88$27.93
9.0%$1.43$5.23$9.64$14.73$20.58
10.0%$-1.10$2.14$5.89$10.22$15.19
11.0%$-3.05$-0.23$3.03$6.78$11.08

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-0.20
Yahoo: $7.24

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$11.01
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$11.01
Implied Near-term FCF Growth5.8%
Historical Revenue Growth-24.3%
Historical Earnings Growth
Base FCF (TTM)$210.29M
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: $0.80

Results

DDM Intrinsic Value / share$16.48
Current Price$11.01
Upside / Downside+49.7%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $421.39M
Current: 9.2×
Default: $2.41B

Results

Implied Equity Value / share$11.01
Current Price$11.01
Upside / Downside-0.0%
Implied EV$3.87B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$411.50M$1.41B$2.41B$3.41B$4.41B
5.2x$13.38$5.85$-1.68$-9.21$-16.74
7.2x$19.72$12.19$4.66$-2.87$-10.40
9.2x$26.07$18.54$11.01$3.48$-4.05
11.2x$32.42$24.89$17.36$9.82$2.29
13.2x$38.76$31.23$23.70$16.17$8.64