TVC

TVC — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($24.28)
DCF$-93194.08-383930.6%
Graham Number
Reverse DCF
DDM
EV/EBITDA$71784.76+295553.9%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: -$1.41B
Rev: 4.4% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-93194.08
Current Price$24.28
Upside / Downside-383930.6%
Net Debt (used)$24.25B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-93597.96$-103186.74$-114342.15$-127253.30$-142124.03
8.0%$-85160.70$-92878.51$-101843.66$-112205.93$-124126.76
9.0%$-79314.00$-85740.33$-93194.08$-101797.98$-111684.31
10.0%$-75021.88$-80504.26$-86853.72$-94173.31$-102574.05
11.0%$-71735.83$-76499.02$-82007.45$-88349.24$-95619.33

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: —
Yahoo: —

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative. BVPS is zero or negative.
Graham Number
Current Price$24.28
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$24.28
Implied Near-term FCF Growth
Historical Revenue Growth4.4%
Historical Earnings Growth
Base FCF (TTM)-$1.41B
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$24.28
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $5.16B
Current: —×
Default: $24.25B

Results

Implied Equity Value / share$71784.76
Current Price$24.28
Upside / Downside+295553.9%
Implied EV$61.93B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$12.25B$18.25B$24.25B$30.25B$36.25B
8.0x$55320.00$43891.43$32462.86$21034.28$9605.71
10.0x$74980.95$63552.38$52123.81$40695.24$29266.66
12.0x$94641.90$83213.33$71784.76$60356.19$48927.62
14.0x$114302.85$102874.28$91445.71$80017.14$68588.57
16.0x$133963.81$122535.24$111106.66$99678.09$88249.52