SPE

SPE — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($14.85)
DCF$6.29-57.6%
Graham Number$32.52+119.0%
Reverse DCFimplied g: 19.9%
DDM$26.99+81.7%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $3.81M
Rev: -7.4% / EPS: -31.3%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$6.29
Current Price$14.85
Upside / Downside-57.6%
Net Debt (used)$0
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$6.35$7.63$9.12$10.85$12.84
8.0%$5.22$6.25$7.45$8.84$10.43
9.0%$4.44$5.30$6.29$7.44$8.77
10.0%$3.86$4.59$5.44$6.42$7.55
11.0%$3.42$4.06$4.80$5.64$6.62

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $2.89
Yahoo: $16.26

Results

Graham Number$32.52
Current Price$14.85
Margin of Safety+119.0%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$14.85
Implied Near-term FCF Growth19.9%
Historical Revenue Growth-7.4%
Historical Earnings Growth-31.3%
Base FCF (TTM)$3.81M
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: $1.31

Results

DDM Intrinsic Value / share$26.99
Current Price$14.85
Upside / Downside+81.7%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $0

Results

Implied Equity Value / share$0.00
Current Price$14.85
Upside / Downside-100.0%
Implied EV$0