Interactive models with editable assumptions. All calculations run client-side.
Valuation Summary
Model
Intrinsic Value
vs Price ($20.90)
DCF
$79641343184.82
+381059058200.6%
Graham Number
$28.98
+38.7%
Reverse DCF
—
implied g: -2.6%
DDM
$25.75
+23.2%
EV/EBITDA
$164260401963.01
+785934937522.0%
Values reflect default assumptions. Adjust inputs in each model below to update.
1 — Discounted Cash Flow (DCF)
Assumptions
Yahoo: $12.59B
Rev: 3.6% / EPS: -5.6%
Default: 9% (no SEC data)
Results
Intrinsic Value / share$79641343184.82
Current Price$20.90
Upside / Downside+381059058200.6%
Net Debt (used)$141.33B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term
-3.0%
1.0%
5.0%
9.0%
13.0%
7.0%
$81539631489.88
$126608026492.33
$179039827650.24
$239723768532.72
$309617999719.80
8.0%
$41883471423.36
$78158111597.68
$120295403136.63
$168999319891.23
$225028660284.01
9.0%
$14403320321.91
$44607835170.95
$79641343184.82
$120080727433.85
$166547666189.34
10.0%
$-5770183768.97
$19997666939.06
$49840884439.08
$84243826084.25
$123728349565.27
11.0%
$-21214990147.76
$1172545227.45
$27062830202.93
$56870031936.30
$91040289684.39
2 — Graham Number
Assumptions
Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $2.38
Yahoo: $15.71
Results
Graham Number$28.98
Current Price$20.90
Margin of Safety+38.7%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))
3 — Reverse DCF (Implied Growth)
Assumptions
Default: 9% (no SEC data)
Results
Current Price$20.90
Implied Near-term FCF Growth-2.6%
Historical Revenue Growth3.6%
Historical Earnings Growth-5.6%
Base FCF (TTM)$12.59B
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: $1.25
Results
DDM Intrinsic Value / share$25.75
Current Price$20.90
Upside / Downside+23.2%
Formula: D0 × (1+g) / (r − g)
5 — EV/EBITDA Multiple
Assumptions
Yahoo: $44.24B
Current: 6.9×
Default: $141.33B
Results
Implied Equity Value / share$164260401963.01
Current Price$20.90
Upside / Downside+785934937522.0%
Implied EV$305.59B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)