VKI

VKI — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($9.32)
DCF$-2.13-122.8%
Graham Number
Reverse DCFimplied g: 31.6%
DDM$13.80+48.0%
EV/EBITDA

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $8.22M
Rev: -1.9% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-2.13
Current Price$9.32
Upside / Downside-122.8%
Net Debt (used)$238.75M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-2.10$-1.43$-0.66$0.23$1.26
8.0%$-2.68$-2.15$-1.53$-0.81$0.01
9.0%$-3.09$-2.64$-2.13$-1.53$-0.85
10.0%$-3.38$-3.00$-2.56$-2.06$-1.48
11.0%$-3.61$-3.28$-2.90$-2.46$-1.96

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-0.51
Yahoo: $8.64

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$9.32
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$9.32
Implied Near-term FCF Growth31.6%
Historical Revenue Growth-1.9%
Historical Earnings Growth
Base FCF (TTM)$8.22M
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: $0.67

Results

DDM Intrinsic Value / share$13.80
Current Price$9.32
Upside / Downside+48.0%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: $238.75M

Results

Implied Equity Value / share$-5.38
Current Price$9.32
Upside / Downside-157.7%
Implied EV$0