VIPS

VIPS — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($16.79)
DCF$53.75+220.2%
Graham Number$23.34+39.0%
Reverse DCF
DDM$12.77-23.9%
EV/EBITDA$12.16-27.6%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: -2.3% / EPS: 9.2%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$53.75
Current Price$16.79
Upside / Downside+220.2%
Net Debt (used)-$22.32B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term1.2%5.2%9.2%13.2%17.2%
7.0%$53.75$53.75$53.75$53.75$53.75
8.0%$53.75$53.75$53.75$53.75$53.75
9.0%$53.75$53.75$53.75$53.75$53.75
10.0%$53.75$53.75$53.75$53.75$53.75
11.0%$53.75$53.75$53.75$53.75$53.75

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.94
Yahoo: $12.48

Results

Graham Number$23.34
Current Price$16.79
Margin of Safety+39.0%
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$16.79
Implied Near-term FCF Growth
Historical Revenue Growth-2.3%
Historical Earnings Growth9.2%
Base FCF (TTM)
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: $0.62

Results

DDM Intrinsic Value / share$12.77
Current Price$16.79
Upside / Downside-23.9%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $9.56B
Current: -1.8×
Default: -$22.32B

Results

Implied Equity Value / share$12.16
Current Price$16.79
Upside / Downside-27.6%
Implied EV-$17.27B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$34.32B-$28.32B-$22.32B-$16.32B-$10.32B
-5.8x$-51.03$-65.48$-79.93$-94.38$-108.83
-3.8x$-4.98$-19.44$-33.89$-48.34$-62.79
-1.8x$41.06$26.61$12.16$-2.30$-16.75
0.2x$87.10$72.65$58.20$43.75$29.30
2.2x$133.14$118.69$104.24$89.79$75.34