WEST — Valuation Models

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

Valuation Summary

Model	Intrinsic Value	vs Price ($4.30)
DCF	$-161.75	-3861.6%
Graham Number	—	—
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	$7.13	+65.7%

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

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$43.01M

Near-term growth (yrs 1–5)(%)Rev: 60.7% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 2.60%

Computed WACC: 2.60%

Cost of equity (Re)6.95%(Rf 4.30% + β 0.48 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

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

Equity weight (E/V)37.38%

Debt weight (D/V)62.62%

Results

Intrinsic Value / share$-14242.36

Current Price$4.30

Upside / Downside-331317.7%

Net Debt (used)$663.48M

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

WACC \ Near-term	52.7%	56.7%	60.7%	64.7%	68.7%
7.0%	$-199.23	$-225.51	$-254.59	$-286.70	$-322.07
8.0%	$-156.31	$-176.67	$-199.21	$-224.08	$-251.47
9.0%	$-127.08	$-143.41	$-161.48	$-181.43	$-203.39
10.0%	$-106.03	$-119.46	$-134.31	$-150.71	$-168.77
11.0%	$-90.23	$-101.49	$-113.94	$-127.68	$-142.80

2 — Graham Number

Assumptions

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

EPS (trailing)($)Yahoo: $-0.94

Book Value / share($)Yahoo: $0.12

Results

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

Graham Number—

Current Price$4.30

Margin of Safety—

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

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 2.60%

Terminal growth rate(%)

Computed WACC: 2.60%

Cost of equity (Re)6.95%(Rf 4.30% + β 0.48 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

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

Equity weight (E/V)37.38%

Debt weight (D/V)62.62%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$4.30

Implied Near-term FCF Growth—

Historical Revenue Growth60.7%

Historical Earnings Growth—

Base FCF (TTM)-$43.01M

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$4.30

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: $17.87M

Target EV/EBITDA multipleCurrent: 75.7×

Net Debt($B)Default: $663.48M

Results

Implied Equity Value / share$7.13

Current Price$4.30

Upside / Downside+65.7%

Implied EV$1.35B

Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)

Mult \ Net Debt	-$1.34B	-$336.52M	$663.48M	$1.66B	$2.66B
71.7x	$27.04	$16.72	$6.39	$-3.94	$-14.27
73.7x	$27.41	$17.08	$6.76	$-3.57	$-13.90
75.7x	$27.78	$17.45	$7.13	$-3.20	$-13.53
77.7x	$28.15	$17.82	$7.49	$-2.83	$-13.16
79.7x	$28.52	$18.19	$7.86	$-2.46	$-12.79

← Overview Financial Statements ← Companies