TU

TU — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($13.74)
DCF$12.48-9.2%
Graham Number$9.43-31.3%
Reverse DCFimplied g: 5.7%
DDM$25.34+84.4%
EV/EBITDA$14.25+3.7%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $2.76B
Rev: -1.9% / EPS: -24.5%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$12.48
Current Price$13.74
Upside / Downside-9.2%
Net Debt (used)$28.99B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$12.74$19.08$26.44$34.97$44.79
8.0%$7.17$12.27$18.19$25.03$32.91
9.0%$3.31$7.55$12.48$18.16$24.69
10.0%$0.47$4.10$8.29$13.12$18.67
11.0%$-1.70$1.45$5.09$9.28$14.08

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.53
Yahoo: $7.46

Results

Graham Number$9.43
Current Price$13.74
Margin of Safety-31.3%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$13.74
Implied Near-term FCF Growth5.7%
Historical Revenue Growth-1.9%
Historical Earnings Growth-24.5%
Base FCF (TTM)$2.76B
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: $1.23

Results

DDM Intrinsic Value / share$25.34
Current Price$13.74
Upside / Downside+84.4%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $5.65B
Current: 9.1×
Default: $28.99B

Results

Implied Equity Value / share$14.25
Current Price$13.74
Upside / Downside+3.7%
Implied EV$51.25B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$14.99B$21.99B$28.99B$35.99B$42.99B
5.1x$8.75$4.26$-0.22$-4.71$-9.19
7.1x$15.98$11.50$7.02$2.53$-1.95
9.1x$23.22$18.74$14.25$9.77$5.29
11.1x$30.46$25.98$21.49$17.01$12.52
13.1x$37.70$33.22$28.73$24.25$19.76