SLGN — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($46.69)
DCF	$33.96	-27.3%
Graham Number	$36.20	-22.5%
Reverse DCF	—	implied g: 8.0%
DDM	$17.30	-62.9%
EV/EBITDA	$48.42	+3.7%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $405.86M

Near-term growth (yrs 1–5)(%)Rev: 4.1% / EPS: -59.0%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 6.16%

Computed WACC: 6.16%

Cost of equity (Re)7.97%(Rf 4.30% + β 0.67 × ERP 5.50%)

Cost of debt (Rd)5.31%(interest expense ÷ avg debt (SEC))

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)51.97%

Debt weight (D/V)48.03%

Results

Intrinsic Value / share$86.93

Current Price$46.69

Upside / Downside+86.2%

Net Debt (used)$3.54B

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$34.54	$48.30	$64.30	$82.82	$104.15
8.0%	$22.44	$33.51	$46.37	$61.23	$78.33
9.0%	$14.06	$23.27	$33.96	$46.31	$60.49
10.0%	$7.90	$15.76	$24.87	$35.37	$47.42
11.0%	$3.19	$10.02	$17.92	$27.02	$37.44

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $2.70

Book Value / share($)Yahoo: $21.57

Results

Graham Number$36.20

Current Price$46.69

Margin of Safety-22.5%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 6.16%

Terminal growth rate(%)

Computed WACC: 6.16%

Cost of equity (Re)7.97%(Rf 4.30% + β 0.67 × ERP 5.50%)

Cost of debt (Rd)5.31%(interest expense ÷ avg debt (SEC))

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)51.97%

Debt weight (D/V)48.03%

Results

Current Price$46.69

Implied Near-term FCF Growth-1.3%

Historical Revenue Growth4.1%

Historical Earnings Growth-59.0%

Base FCF (TTM)$405.86M

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: $0.84

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$17.30

Current Price$46.69

Upside / Downside-62.9%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $978.66M

Target EV/EBITDA multipleCurrent: 8.8×

Net Debt($B)Default: $3.54B

Results

Implied Equity Value / share$48.42

Current Price$46.69

Upside / Downside+3.7%

Implied EV$8.65B

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

Mult \ Net Debt	$1.54B	$2.54B	$3.54B	$4.54B	$5.54B
4.8x	$30.30	$20.84	$11.38	$1.91	$-7.55
6.8x	$48.83	$39.36	$29.90	$20.44	$10.97
8.8x	$67.35	$57.89	$48.42	$38.96	$29.50
10.8x	$85.87	$76.41	$66.95	$57.48	$48.02
12.8x	$104.40	$94.93	$85.47	$76.01	$66.54

← Overview Financial Statements ← Companies