TRMK — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($43.42)
DCF	$-7.09	-116.3%
Graham Number	$54.71	+26.0%
Reverse DCF	—	—
DDM	$20.60	-52.6%
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: 7.2% / EPS: 4.3%

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 5.63%

Computed WACC: 5.63%

Cost of equity (Re)8.02%(Rf 4.30% + β 0.68 × 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)70.25%

Debt weight (D/V)29.75%

Results

Intrinsic Value / share$-7.09

Current Price$43.42

Upside / Downside-116.3%

Net Debt (used)$418.42M

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

WACC \ Near-term	-0.8%	3.2%	7.2%	11.2%	15.2%
7.0%	$-7.09	$-7.09	$-7.09	$-7.09	$-7.09
8.0%	$-7.09	$-7.09	$-7.09	$-7.09	$-7.09
9.0%	$-7.09	$-7.09	$-7.09	$-7.09	$-7.09
10.0%	$-7.09	$-7.09	$-7.09	$-7.09	$-7.09
11.0%	$-7.09	$-7.09	$-7.09	$-7.09	$-7.09

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $3.70

Book Value / share($)Yahoo: $35.95

Results

Graham Number$54.71

Current Price$43.42

Margin of Safety+26.0%

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 5.63%

Terminal growth rate(%)

Computed WACC: 5.63%

Cost of equity (Re)8.02%(Rf 4.30% + β 0.68 × 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)70.25%

Debt weight (D/V)29.75%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$43.42

Implied Near-term FCF Growth—

Historical Revenue Growth7.2%

Historical Earnings Growth4.3%

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: $1.00

Dividend growth rate (g)(%)

Required return (r)(%)

Results

DDM Intrinsic Value / share$20.60

Current Price$43.42

Upside / Downside-52.6%

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: —

Target EV/EBITDA multipleCurrent: —×

Net Debt($B)Default: $418.42M

Results

Implied Equity Value / share$-7.09

Current Price$43.42

Upside / Downside-116.3%

Implied EV$0

← Overview Financial Statements ← Companies