VIV

VIV — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($15.73)
DCF$136.34+766.7%
Graham Number$8.23-47.6%
Reverse DCFimplied g: -20.0%
DDM$8.65-45.0%
EV/EBITDA$32.97+109.6%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $10.24B
Rev: 7.1% / EPS: 9.3%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$136.58
Current Price$15.73
Upside / Downside+768.3%
Net Debt (used)$13.31B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term1.3%5.3%9.3%13.3%17.3%
7.0%$141.36$170.79$204.86$244.10$289.09
8.0%$113.67$137.23$164.47$195.81$231.71
9.0%$94.53$114.04$136.58$162.48$192.12
10.0%$80.52$97.09$116.19$138.13$163.20
11.0%$69.83$84.15$100.65$119.57$141.19

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.74
Yahoo: $4.07

Results

Graham Number$8.23
Current Price$15.73
Margin of Safety-47.6%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$15.73
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth7.1%
Historical Earnings Growth9.3%
Base FCF (TTM)$10.24B
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: $0.42

Results

DDM Intrinsic Value / share$8.65
Current Price$15.73
Upside / Downside-45.0%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $19.35B
Current: 3.4×
Default: $13.31B

Results

Implied Equity Value / share$32.97
Current Price$15.73
Upside / Downside+109.6%
Implied EV$66.00B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$7.31B$10.31B$13.31B$16.31B$19.31B
-0.6x$-11.72$-13.60$-15.48$-17.36$-19.23
1.4x$12.50$10.62$8.75$6.87$4.99
3.4x$36.73$34.85$32.97$31.09$29.22
5.4x$60.95$59.08$57.20$55.32$53.44
7.4x$85.18$83.30$81.42$79.55$77.67