VISN — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($17.85)
DCF	$-140.13	-885.1%
Graham Number	—	—
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	$23.94	+34.1%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$1.39B

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

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 6.24%

Computed WACC: 6.24%

Cost of equity (Re)17.82%(Rf 4.30% + β 2.46 × 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)35.05%

Debt weight (D/V)64.95%

Results

Intrinsic Value / share$-222.65

Current Price$17.85

Upside / Downside-1347.3%

Net Debt (used)$6.58B

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-141.08	$-163.61	$-189.82	$-220.15	$-255.09
8.0%	$-121.26	$-139.39	$-160.45	$-184.80	$-212.81
9.0%	$-107.52	$-122.62	$-140.13	$-160.35	$-183.57
10.0%	$-97.44	$-110.32	$-125.24	$-142.43	$-162.17
11.0%	$-89.72	$-100.91	$-113.85	$-128.75	$-145.83

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $1.17

Book Value / share($)Yahoo: $-4.50

Results

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

Graham Number—

Current Price$17.85

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 6.24%

Terminal growth rate(%)

Computed WACC: 6.24%

Cost of equity (Re)17.82%(Rf 4.30% + β 2.46 × 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)35.05%

Debt weight (D/V)64.95%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$17.85

Implied Near-term FCF Growth—

Historical Revenue Growth—

Historical Earnings Growth—

Base FCF (TTM)-$1.39B

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$17.85

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $379.00M

Target EV/EBITDA multipleCurrent: 31.3×

Net Debt($B)Default: $6.58B

Results

Implied Equity Value / share$23.94

Current Price$17.85

Upside / Downside+34.1%

Implied EV$11.88B

Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)

Mult \ Net Debt	$2.58B	$4.58B	$6.58B	$8.58B	$10.58B
27.3x	$35.15	$26.12	$17.09	$8.07	$-0.96
29.3x	$38.57	$29.54	$20.51	$11.49	$2.46
31.3x	$41.99	$32.96	$23.94	$14.91	$5.88
33.3x	$45.41	$36.38	$27.36	$18.33	$9.30
35.3x	$48.83	$39.81	$30.78	$21.75	$12.72

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