VSTM — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($5.82)
DCF	$-18.15	-411.8%
Graham Number	—	—
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	—	—

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$80.61M

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

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 6.86%

Computed WACC: 6.86%

Cost of equity (Re)6.43%(Rf 4.30% + β 0.39 × ERP 5.50%)

Cost of debt (Rd)11.29%(interest expense ÷ avg debt (SEC))

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)83.05%

Debt weight (D/V)16.95%

Results

Intrinsic Value / share$-27.48

Current Price$5.82

Upside / Downside-572.2%

Net Debt (used)-$48.23M

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

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-18.31	$-22.14	$-26.60	$-31.76	$-37.70
8.0%	$-14.94	$-18.02	$-21.61	$-25.75	$-30.51
9.0%	$-12.60	$-15.17	$-18.15	$-21.59	$-25.54
10.0%	$-10.89	$-13.08	$-15.61	$-18.54	$-21.90
11.0%	$-9.57	$-11.48	$-13.68	$-16.21	$-19.12

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-4.28

Book Value / share($)Yahoo: $-0.23

Results

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

Graham Number—

Current Price$5.82

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 6.86%

Terminal growth rate(%)

Computed WACC: 6.86%

Cost of equity (Re)6.43%(Rf 4.30% + β 0.39 × ERP 5.50%)

Cost of debt (Rd)11.29%(interest expense ÷ avg debt (SEC))

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)83.05%

Debt weight (D/V)16.95%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$5.82

Implied Near-term FCF Growth—

Historical Revenue Growth—

Historical Earnings Growth—

Base FCF (TTM)-$80.61M

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$5.82

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$159.81M

Target EV/EBITDA multipleCurrent: -2.1×

Net Debt($B)Default: -$48.23M

Results

Implied Equity Value / share$5.16

Current Price$5.82

Upside / Downside-11.3%

Implied EV$340.39M

← Overview Financial Statements ← Companies