SPNT-PB

SPNT-PB — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($25.48)
DCF$-155912667786.91-611902149970.1%
Graham Number
Reverse DCF
DDM$41.20+61.7%
EV/EBITDA$3182108200.00+12488650606.4%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: -$3.87B
Rev: 19.4% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-155912667786.91
Current Price$25.48
Upside / Downside-611902149970.1%
Net Debt (used)-$136.60M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term11.4%15.4%19.4%23.4%27.4%
7.0%$-169295042247.36$-200300979498.01$-235796460769.43$-276257996998.81$-322194842284.59
8.0%$-135776147108.24$-160348112429.44$-188455822337.59$-220473363901.36$-256800480184.54
9.0%$-112720341749.27$-132875611418.78$-155912667786.91$-182135425745.49$-211868603143.47
10.0%$-95932119874.03$-112878712741.01$-132232653918.53$-154246992948.75$-179192066571.25
11.0%$-83191153151.43$-97708834906.10$-114275274527.56$-133105113080.62$-154427625774.10

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-2.11
Yahoo: $19.40

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$25.48
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$25.48
Implied Near-term FCF Growth
Historical Revenue Growth19.4%
Historical Earnings Growth
Base FCF (TTM)-$3.87B
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: $2.00

Results

DDM Intrinsic Value / share$41.20
Current Price$25.48
Upside / Downside+61.7%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $434.70M
Current: 7.0×
Default: -$136.60M

Results

Implied Equity Value / share$3182108200.00
Current Price$25.48
Upside / Downside+12488650606.4%
Implied EV$3.05B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.14B-$1.14B-$136.60M$863.40M$1.86B
3.0x$3443308200.00$2443308200.00$1443308200.00$443308200.00$-556691800.00
5.0x$4312708200.00$3312708200.00$2312708200.00$1312708200.00$312708200.00
7.0x$5182108200.00$4182108200.00$3182108200.00$2182108200.00$1182108200.00
9.0x$6051508200.00$5051508200.00$4051508200.00$3051508200.00$2051508200.00
11.0x$6920908200.00$5920908200.00$4920908200.00$3920908200.00$2920908200.00