VSECU

VSECU — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($56.74)
DCF$13762081691.02+24254638058.3%
Graham Number$64.53+13.7%
Reverse DCFimplied g: -20.0%
DDM
EV/EBITDA$1588267438.34+2799202294.0%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $169.52M
Rev: 32.4% / EPS: -7.0%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$13762081691.02
Current Price$56.74
Upside / Downside+24254638058.3%
Net Debt (used)$274.00M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term24.4%28.4%32.4%36.4%40.4%
7.0%$15798346843.48$18471719789.59$21494187936.09$24899100462.84$28721871908.26
8.0%$12434887147.01$14533241752.75$16904534197.16$19574783381.22$22571617454.14
9.0%$10131236175.12$11836220330.03$13762081691.02$15929830675.28$18361775413.22
10.0%$8461736125.55$9882021748.02$11485538138.80$13289675957.90$15312898511.85
11.0%$7201178993.80$8406828723.82$9767354356.84$11297421882.34$13012600596.82

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $3.01
Yahoo: $61.49

Results

Graham Number$64.53
Current Price$56.74
Margin of Safety+13.7%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$56.74
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth32.4%
Historical Earnings Growth-7.0%
Base FCF (TTM)$169.52M
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: —

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$56.74
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $164.92M
Current: 11.3×
Default: $274.00M

Results

Implied Equity Value / share$1588267438.34
Current Price$56.74
Upside / Downside+2799202294.0%
Implied EV$1.86B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.73B-$726.00M$274.00M$1.27B$2.27B
7.3x$2928591406.34$1928591406.34$928591406.34$-71408593.66$-1071408593.66
9.3x$3258429422.34$2258429422.34$1258429422.34$258429422.34$-741570577.66
11.3x$3588267438.34$2588267438.34$1588267438.34$588267438.34$-411732561.66
13.3x$3918105454.34$2918105454.34$1918105454.34$918105454.34$-81894545.66
15.3x$4247943470.34$3247943470.34$2247943470.34$1247943470.34$247943470.34