SNN

SNN — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($36.51)
DCF$1059.66+2802.4%
Graham Number$12.46-65.9%
Reverse DCFimplied g: 9.0%
DDM$16.07-56.0%
EV/EBITDA$72.38+98.2%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $824.75M
Rev: 7.4% / EPS: 70.4%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$1059.66
Current Price$36.51
Upside / Downside+2802.4%
Net Debt (used)$2.77B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term62.4%66.4%70.4%74.4%78.4%
7.0%$1348.37$1522.34$1713.80$1924.02$2154.35
8.0%$1042.21$1176.60$1324.48$1486.85$1664.73
9.0%$833.93$941.41$1059.66$1189.47$1331.68
10.0%$684.11$772.23$869.18$975.59$1092.16
11.0%$571.90$645.54$726.53$815.43$912.79

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.12
Yahoo: $6.16

Results

Graham Number$12.46
Current Price$36.51
Margin of Safety-65.9%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$36.51
Implied Near-term FCF Growth9.0%
Historical Revenue Growth7.4%
Historical Earnings Growth70.4%
Base FCF (TTM)$824.75M
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: $0.78

Results

DDM Intrinsic Value / share$16.07
Current Price$36.51
Upside / Downside-56.0%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $1.37B
Current: 24.5×
Default: $2.77B

Results

Implied Equity Value / share$72.38
Current Price$36.51
Upside / Downside+98.2%
Implied EV$33.49B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$770.00M$1.77B$2.77B$3.77B$4.77B
20.5x$64.20$61.85$59.49$57.14$54.78
22.5x$70.65$68.29$65.93$63.58$61.22
24.5x$77.09$74.73$72.38$70.02$67.66
26.5x$83.53$81.17$78.82$76.46$74.10
28.5x$89.97$87.61$85.26$82.90$80.55