TFII

TFII — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($118.88)
DCF$101.25-14.8%
Graham Number$52.23-56.1%
Reverse DCFimplied g: 7.1%
DDM$38.73-67.4%
EV/EBITDA$118.88+0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $645.46M
Rev: -7.8% / EPS: -16.6%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$101.25
Current Price$118.88
Upside / Downside-14.8%
Net Debt (used)$3.01B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$102.44$130.57$163.30$201.18$244.82
8.0%$77.68$100.33$126.63$157.03$192.01
9.0%$60.53$79.38$101.25$126.50$155.50
10.0%$47.93$64.02$82.65$104.13$128.77
11.0%$38.29$52.27$68.43$87.04$108.37

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $3.72
Yahoo: $32.59

Results

Graham Number$52.23
Current Price$118.88
Margin of Safety-56.1%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$118.88
Implied Near-term FCF Growth7.1%
Historical Revenue Growth-7.8%
Historical Earnings Growth-16.6%
Base FCF (TTM)$645.46M
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: $1.88

Results

DDM Intrinsic Value / share$38.73
Current Price$118.88
Upside / Downside-67.4%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $983.71M
Current: 13.0×
Default: $3.01B

Results

Implied Equity Value / share$118.88
Current Price$118.88
Upside / Downside+0.0%
Implied EV$12.78B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$1.01B$2.01B$3.01B$4.01B$5.01B
9.0x$95.33$83.16$70.99$58.81$46.64
11.0x$119.28$107.11$94.94$82.76$70.59
13.0x$143.23$131.06$118.88$106.71$94.54
15.0x$167.18$155.01$142.83$130.66$118.49
17.0x$191.13$178.96$166.78$154.61$142.44