TTAM

TTAM — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($17.48)
DCF$42.07+140.7%
Graham Number$10.85-37.9%
Reverse DCFimplied g: 21.8%
DDM$3.30-81.1%
EV/EBITDA$18.12+3.7%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $75.80M
Rev: 6.2% / EPS: 37.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$42.07
Current Price$17.48
Upside / Downside+140.7%
Net Debt (used)$268.84M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term29.0%33.0%37.0%41.0%45.0%
7.0%$49.19$57.34$66.52$76.82$88.34
8.0%$38.44$44.82$52.00$60.05$69.06
9.0%$31.08$36.25$42.07$48.59$55.88
10.0%$25.76$30.05$34.88$40.30$46.35
11.0%$21.74$25.38$29.46$34.05$39.16

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.97
Yahoo: $5.39

Results

Graham Number$10.85
Current Price$17.48
Margin of Safety-37.9%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$17.48
Implied Near-term FCF Growth21.8%
Historical Revenue Growth6.2%
Historical Earnings Growth37.0%
Base FCF (TTM)$75.80M
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: $0.16

Results

DDM Intrinsic Value / share$3.30
Current Price$17.48
Upside / Downside-81.1%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $352.70M
Current: 10.2×
Default: $268.84M

Results

Implied Equity Value / share$18.12
Current Price$17.48
Upside / Downside+3.7%
Implied EV$3.61B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.73B-$731.16M$268.84M$1.27B$2.27B
6.2x$21.32$15.89$10.47$5.04$-0.38
8.2x$25.14$19.72$14.29$8.87$3.45
10.2x$28.97$23.54$18.12$12.70$7.27
12.2x$32.79$27.37$21.95$16.52$11.10
14.2x$36.62$31.20$25.77$20.35$14.92