TMP — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($76.71)
DCF	$-38.70	-150.5%
Graham Number	$128.62	+67.7%
Reverse DCF	—	—
DDM	$55.21	-28.0%
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: —

Near-term growth (yrs 1–5)(%)Rev: 156.1% / EPS: 386.6%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 5.18%

Computed WACC: 5.18%

Cost of equity (Re)8.42%(Rf 4.30% + β 0.75 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)61.50%

Debt weight (D/V)38.50%

Results

Intrinsic Value / share$-38.70

Current Price$76.71

Upside / Downside-150.5%

Net Debt (used)$555.23M

Sensitivity: WACC (rows) × Near-term g (cols)

WACC \ Near-term	378.6%	382.6%	386.6%	390.6%	394.6%
7.0%	$-38.70	$-38.70	$-38.70	$-38.70	$-38.70
8.0%	$-38.70	$-38.70	$-38.70	$-38.70	$-38.70
9.0%	$-38.70	$-38.70	$-38.70	$-38.70	$-38.70
10.0%	$-38.70	$-38.70	$-38.70	$-38.70	$-38.70
11.0%	$-38.70	$-38.70	$-38.70	$-38.70	$-38.70

2 — Graham Number

Assumptions

MultiplierGraham used 22.5 (15× P/E × 1.5× P/B)

EPS (trailing)($)Yahoo: $11.24

Book Value / share($)Yahoo: $65.41

Results

Graham Number$128.62

Current Price$76.71

Margin of Safety+67.7%

Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 5.18%

Terminal growth rate(%)

Computed WACC: 5.18%

Cost of equity (Re)8.42%(Rf 4.30% + β 0.75 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)61.50%

Debt weight (D/V)38.50%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$76.71

Implied Near-term FCF Growth—

Historical Revenue Growth156.1%

Historical Earnings Growth386.6%

Base FCF (TTM)—

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

Annual dividend D0($/share)Yahoo: $2.68

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$55.21

Current Price$76.71

Upside / Downside-28.0%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: —

Target EV/EBITDA multipleCurrent: —×

Net Debt($B)Default: $555.23M

Results

Implied Equity Value / share$-38.70

Current Price$76.71

Upside / Downside-150.5%

Implied EV$0

← Overview Financial Statements ← Companies