SSL

SSL — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($8.91)
DCF$8.87-0.5%
Graham Number$14.92+67.4%
Reverse DCFimplied g: 5.0%
DDM
EV/EBITDA$17.48+96.2%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $4.71B
Rev: 0.2% / EPS: -94.8%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$8.87
Current Price$8.91
Upside / Downside-0.5%
Net Debt (used)$77.01B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$9.99$36.68$67.74$103.68$145.07
8.0%$-13.49$7.99$32.94$61.79$94.97
9.0%$-29.77$-11.88$8.87$32.82$60.34
10.0%$-41.72$-26.46$-8.78$11.59$34.98
11.0%$-50.86$-37.61$-22.27$-4.62$15.62

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.66
Yahoo: $14.99

Results

Graham Number$14.92
Current Price$8.91
Margin of Safety+67.4%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$8.91
Implied Near-term FCF Growth5.0%
Historical Revenue Growth0.2%
Historical Earnings Growth-94.8%
Base FCF (TTM)$4.71B
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$8.91
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $45.83B
Current: 1.9×
Default: $77.01B

Results

Implied Equity Value / share$17.48
Current Price$8.91
Upside / Downside+96.2%
Implied EV$88.04B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$39.01B$58.01B$77.01B$96.01B$115.01B
-2.1x$-212.75$-242.85$-272.95$-303.05$-333.16
-0.1x$-67.53$-97.63$-127.74$-157.84$-187.94
1.9x$77.68$47.58$17.48$-12.62$-42.72
3.9x$222.90$192.80$162.70$132.60$102.50
5.9x$368.12$338.02$307.92$277.81$247.71