TSAT

TSAT — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($33.27)
DCF$-1719.37-5267.9%
Graham Number
Reverse DCF
DDM
EV/EBITDA$141.18+324.3%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: -$1.27B
Rev: -27.0% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-1719.37
Current Price$33.27
Upside / Downside-5267.9%
Net Debt (used)$2.89B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-1732.45$-2043.07$-2404.43$-2822.66$-3304.37
8.0%$-1459.14$-1709.15$-1999.56$-2335.23$-2721.38
9.0%$-1269.75$-1477.92$-1719.37$-1998.08$-2318.33
10.0%$-1130.71$-1308.31$-1513.99$-1751.09$-2023.22
11.0%$-1024.27$-1178.56$-1357.00$-1562.43$-1797.93

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-8.13
Yahoo: $32.97

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$33.27
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$33.27
Implied Near-term FCF Growth
Historical Revenue Growth-27.0%
Historical Earnings Growth
Base FCF (TTM)-$1.27B
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: —

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$33.27
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $228.05M
Current: 21.7×
Default: $2.89B

Results

Implied Equity Value / share$141.18
Current Price$33.27
Upside / Downside+324.3%
Implied EV$4.96B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$885.16M$1.89B$2.89B$3.89B$4.89B
17.7x$215.25$147.16$79.06$10.97$-57.12
19.7x$246.31$178.22$110.12$42.03$-26.07
21.7x$277.37$209.28$141.18$73.09$4.99
23.7x$308.43$240.33$172.24$104.14$36.05
25.7x$339.49$271.39$203.30$135.20$67.11