VTMX

VTMX — Valuation Models

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

Valuation Summary

ModelIntrinsic Valuevs Price ($34.97)
DCF$56.45+61.4%
Graham Number$14.67-58.1%
Reverse DCFimplied g: 10.9%
DDM$16.69-52.3%
EV/EBITDA$333.79+854.5%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $156.91M
Rev: 17.6% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$56.45
Current Price$34.97
Upside / Downside+61.4%
Net Debt (used)$939.78M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term9.6%13.6%17.6%21.6%25.6%
7.0%$61.64$75.13$90.60$108.26$128.35
8.0%$47.39$58.10$70.37$84.37$100.28
9.0%$37.58$46.38$56.45$67.93$80.97
10.0%$30.44$37.85$46.32$55.97$66.93
11.0%$25.01$31.37$38.63$46.90$56.27

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $2.81
Yahoo: $3.40

Results

Graham Number$14.67
Current Price$34.97
Margin of Safety-58.1%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$34.97
Implied Near-term FCF Growth10.9%
Historical Revenue Growth17.6%
Historical Earnings Growth
Base FCF (TTM)$156.91M
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: $0.81

Results

DDM Intrinsic Value / share$16.69
Current Price$34.97
Upside / Downside-52.3%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $216.91M
Current: 134.5×
Default: $939.78M

Results

Implied Equity Value / share$333.79
Current Price$34.97
Upside / Downside+854.5%
Implied EV$29.18B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.06B-$60.22M$939.78M$1.94B$2.94B
130.5x$347.18$335.36$323.54$311.72$299.90
132.5x$352.31$340.49$328.67$316.85$305.03
134.5x$357.44$345.61$333.79$321.97$310.15
136.5x$362.56$350.74$338.92$327.10$315.28
138.5x$367.69$355.87$344.05$332.23$320.41