SRAD

SRAD — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($19.58)
DCF$29.73+51.8%
Graham Number$5.67-71.1%
Reverse DCFimplied g: 6.9%
DDM
EV/EBITDA$27.03+38.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $202.27M
Rev: 14.5% / EPS: -39.9%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$29.68
Current Price$19.58
Upside / Downside+51.6%
Net Debt (used)-$297.70M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term6.5%10.5%14.5%18.5%22.5%
7.0%$31.40$37.09$43.64$51.14$59.70
8.0%$25.63$30.16$35.37$41.34$48.13
9.0%$21.66$25.39$29.68$34.58$40.17
10.0%$18.75$21.91$25.53$29.66$34.37
11.0%$16.55$19.26$22.37$25.92$29.96

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.37
Yahoo: $3.86

Results

Graham Number$5.67
Current Price$19.58
Margin of Safety-71.1%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$19.58
Implied Near-term FCF Growth6.9%
Historical Revenue Growth14.5%
Historical Earnings Growth-39.9%
Base FCF (TTM)$202.27M
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: —

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$19.58
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $426.07M
Current: 13.1×
Default: -$297.70M

Results

Implied Equity Value / share$27.03
Current Price$19.58
Upside / Downside+38.0%
Implied EV$5.58B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$2.30B-$1.30B-$297.70M$702.30M$1.70B
9.1x$28.39$23.79$19.20$14.60$10.00
11.1x$32.30$27.71$23.11$18.52$13.92
13.1x$36.22$31.62$27.03$22.43$17.84
15.1x$40.14$35.54$30.94$26.35$21.75
17.1x$44.05$39.46$34.86$30.26$25.67