SKYT — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($29.85)
DCF	$-3543.19	-11970.0%
Graham Number	$15.06	-49.5%
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	$30.00	+0.5%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$31.52M

Near-term growth (yrs 1–5)(%)Rev: 126.6% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 20.21%

Computed WACC: 20.21%

Cost of equity (Re)23.67%(Rf 4.30% + β 3.52 × 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)85.38%

Debt weight (D/V)14.62%

Results

Intrinsic Value / share$-661.23

Current Price$29.85

Upside / Downside-2315.2%

Net Debt (used)$225.35M

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

WACC \ Near-term	118.6%	122.6%	126.6%	130.6%	134.6%
7.0%	$-4886.55	$-5349.15	$-5846.19	$-6379.56	$-6951.21
8.0%	$-3739.39	$-4093.15	$-4473.23	$-4881.09	$-5318.21
9.0%	$-2962.30	$-3242.33	$-3543.19	$-3866.02	$-4212.02
10.0%	$-2405.94	$-2633.18	$-2877.33	$-3139.30	$-3420.06
11.0%	$-1991.36	$-2179.28	$-2381.17	$-2597.79	$-2829.95

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $2.61

Book Value / share($)Yahoo: $3.86

Results

Graham Number$15.06

Current Price$29.85

Margin of Safety-49.5%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 20.21%

Terminal growth rate(%)

Computed WACC: 20.21%

Cost of equity (Re)23.67%(Rf 4.30% + β 3.52 × 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)85.38%

Debt weight (D/V)14.62%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$29.85

Implied Near-term FCF Growth—

Historical Revenue Growth126.6%

Historical Earnings Growth—

Base FCF (TTM)-$31.52M

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$29.85

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $44.56M

Target EV/EBITDA multipleCurrent: 37.8×

Net Debt($B)Default: $225.35M

Results

Implied Equity Value / share$30.00

Current Price$29.85

Upside / Downside+0.5%

Implied EV$1.68B

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

Mult \ Net Debt	-$1.77B	-$774.65M	$225.35M	$1.23B	$2.23B
33.8x	$67.47	$46.90	$26.34	$5.77	$-14.79
35.8x	$69.30	$48.74	$28.17	$7.61	$-12.96
37.8x	$71.13	$50.57	$30.00	$9.44	$-11.13
39.8x	$72.97	$52.40	$31.84	$11.27	$-9.29
41.8x	$74.80	$54.23	$33.67	$13.10	$-7.46

← Overview Financial Statements ← Companies