TXG — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($23.14)
DCF	$25.87	+11.8%
Graham Number	—	—
Reverse DCF	—	implied g: 2.8%
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: $148.39M

Near-term growth (yrs 1–5)(%)Rev: 0.6% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 16.01%

Computed WACC: 16.01%

Cost of equity (Re)16.47%(Rf 4.30% + β 2.21 × 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)97.23%

Debt weight (D/V)2.77%

Results

Intrinsic Value / share$14.26

Current Price$23.14

Upside / Downside-38.4%

Net Debt (used)-$439.05M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$26.06	$30.57	$35.83	$41.91	$48.91
8.0%	$22.09	$25.72	$29.94	$34.82	$40.44
9.0%	$19.33	$22.36	$25.87	$29.92	$34.58
10.0%	$17.31	$19.89	$22.88	$26.33	$30.29
11.0%	$15.76	$18.01	$20.60	$23.59	$27.01

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-0.35

Book Value / share($)Yahoo: $6.24

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.

Graham Number—

Current Price$23.14

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 16.01%

Terminal growth rate(%)

Computed WACC: 16.01%

Cost of equity (Re)16.47%(Rf 4.30% + β 2.21 × 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)97.23%

Debt weight (D/V)2.77%

Results

Current Price$23.14

Implied Near-term FCF Growth17.4%

Historical Revenue Growth0.6%

Historical Earnings Growth—

Base FCF (TTM)$148.39M

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: —

Dividend growth rate (g)(%)

Required return (r)(%)

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$23.14

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$64.09M

Target EV/EBITDA multipleCurrent: -39.3×

Net Debt($B)Default: -$439.05M

Results

Implied Equity Value / share$25.12

Current Price$23.14

Upside / Downside+8.6%

Implied EV$2.52B

← Overview Financial Statements ← Companies