TPST — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($2.22)
DCF	$-72.66	-3372.9%
Graham Number	—	—
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$20.34M

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

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: -4.53%

Computed WACC: -4.53%

Cost of equity (Re)-8.01%(Rf 4.30% + β -2.24 × 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)56.55%

Debt weight (D/V)43.45%

Results

Intrinsic Value / share—

Current Price$2.22

Upside / Downside—

Net Debt (used)$891,000

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-73.28	$-88.06	$-105.26	$-125.17	$-148.09
8.0%	$-60.27	$-72.17	$-85.99	$-101.97	$-120.35
9.0%	$-51.26	$-61.17	$-72.66	$-85.92	$-101.16
10.0%	$-44.64	$-53.10	$-62.88	$-74.17	$-87.12
11.0%	$-39.58	$-46.92	$-55.41	$-65.19	$-76.40

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-9.73

Book Value / share($)Yahoo: $1.43

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.

Graham Number—

Current Price$2.22

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: -4.53%

Terminal growth rate(%)

Computed WACC: -4.53%

Cost of equity (Re)-8.01%(Rf 4.30% + β -2.24 × 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)56.55%

Debt weight (D/V)43.45%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$2.22

Implied Near-term FCF Growth—

Historical Revenue Growth—

Historical Earnings Growth—

Base FCF (TTM)-$20.34M

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: —

Dividend growth rate (g)(%)

Required return (r)(%)

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$2.22

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$36.17M

Target EV/EBITDA multipleCurrent: -0.3×

Net Debt($B)Default: $891,000

Results

Implied Equity Value / share$2.06

Current Price$2.22

Upside / Downside-7.3%

Implied EV$11.03M

← Overview Financial Statements ← Companies