TMUS — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($217.09)
DCF	$76.91	-64.6%
Graham Number	$108.21	-50.2%
Reverse DCF	—	implied g: 21.2%
DDM	$84.05	-61.3%
EV/EBITDA	$217.09	+0.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $8.00B

Near-term growth (yrs 1–5)(%)Rev: 11.3% / EPS: -26.6%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 4.43%

Computed WACC: 4.43%

Cost of equity (Re)6.69%(Rf 4.30% + β 0.43 × 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)66.26%

Debt weight (D/V)33.74%

Results

Intrinsic Value / share$551.76

Current Price$217.09

Upside / Downside+154.2%

Net Debt (used)$118.05B

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

WACC \ Near-term	3.3%	7.3%	11.3%	15.3%	19.3%
7.0%	$85.31	$122.63	$165.73	$215.28	$271.97
8.0%	$49.15	$78.96	$113.35	$152.83	$197.98
9.0%	$24.18	$48.82	$77.21	$109.78	$146.98
10.0%	$5.93	$26.80	$50.83	$78.35	$109.77
11.0%	$-7.98	$10.03	$30.74	$54.44	$81.46

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $9.73

Book Value / share($)Yahoo: $53.48

Results

Graham Number$108.21

Current Price$217.09

Margin of Safety-50.2%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 4.43%

Terminal growth rate(%)

Computed WACC: 4.43%

Cost of equity (Re)6.69%(Rf 4.30% + β 0.43 × 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)66.26%

Debt weight (D/V)33.74%

Results

Current Price$217.09

Implied Near-term FCF Growth0.8%

Historical Revenue Growth11.3%

Historical Earnings Growth-26.6%

Base FCF (TTM)$8.00B

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: $4.08

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$84.05

Current Price$217.09

Upside / Downside-61.3%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $32.82B

Target EV/EBITDA multipleCurrent: 10.9×

Net Debt($B)Default: $118.05B

Results

Implied Equity Value / share$217.09

Current Price$217.09

Upside / Downside+0.0%

Implied EV$357.26B

Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)

Mult \ Net Debt	$58.05B	$88.05B	$118.05B	$148.05B	$178.05B
6.9x	$152.40	$125.17	$97.95	$70.72	$43.49
8.9x	$211.97	$184.75	$157.52	$130.29	$103.07
10.9x	$271.55	$244.32	$217.09	$189.87	$162.64
12.9x	$331.12	$303.90	$276.67	$249.44	$222.22
14.9x	$390.70	$363.47	$336.24	$309.02	$281.79

← Overview Financial Statements ← Companies