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"use client";
import type { ValuationResponse } from "@/types/api";
import { deltaClass, fmtCurrency, fmtLarge, fmtPct } from "@/lib/format";
type Props = { data: ValuationResponse };
function pctVsCurrent(implied?: number | null, current?: number | null): number | null {
if (implied == null || current == null || current === 0) return null;
return (implied - current) / current;
}
function SummaryChip({
label,
price,
current,
accent = false,
}: {
label: string;
price?: number | null;
current?: number | null;
accent?: boolean;
}) {
const pct = pctVsCurrent(price, current);
return (
<div className={`psm-val-chip${accent ? " accent" : ""}`}>
<span className="psm-val-chip-label">{label}</span>
<span className="psm-val-chip-price">{price != null ? fmtCurrency(price) : "—"}</span>
{pct != null && (
<span className={`psm-val-chip-pct ${deltaClass(pct)}`}>{fmtPct(pct, 1, true)}</span>
)}
</div>
);
}
function MultipleRow({
label,
multiple,
price,
current,
}: {
label: string;
multiple?: number | null;
price?: number | null;
current?: number | null;
}) {
const pct = pctVsCurrent(price, current);
return (
<div className="psm-val-mult-row">
<span className="psm-val-mult-label">{label}</span>
<span className="psm-val-mult-x">{multiple != null ? `${multiple.toFixed(1)}×` : "—"}</span>
<span className="psm-val-mult-price">{price != null ? fmtCurrency(price) : "—"}</span>
<span className={`psm-val-mult-pct ${pct != null ? deltaClass(pct) : "neutral"}`}>
{pct != null ? fmtPct(pct, 1, true) : "—"}
</span>
</div>
);
}
export function ValuationCard({ data }: Props) {
const { dcf, ev_ebitda, ev_revenue, price_to_book, current_price } = data;
const dcfPrice = dcf.available && !dcf.error ? dcf.intrinsic_value_per_share : null;
const hasMultiples = ev_ebitda.available || ev_revenue.available || price_to_book.available;
return (
<section className="psm-card psm-val-card">
{/* Summary strip */}
<div className="psm-val-strip">
<div className="psm-val-chip accent">
<span className="psm-val-chip-label">Market Price</span>
<span className="psm-val-chip-price">
{current_price != null ? fmtCurrency(current_price) : "—"}
</span>
</div>
<SummaryChip label="DCF" price={dcfPrice} current={current_price} />
<SummaryChip
label="EV / EBITDA"
price={ev_ebitda.available ? ev_ebitda.implied_price_per_share : null}
current={current_price}
/>
<SummaryChip
label="EV / Revenue"
price={ev_revenue.available ? ev_revenue.implied_price_per_share : null}
current={current_price}
/>
<SummaryChip
label="P / Book"
price={price_to_book.available ? price_to_book.implied_price_per_share : null}
current={current_price}
/>
</div>
{/* DCF detail */}
<div className="psm-val-section">
<div className="psm-val-section-head">
<span className="psm-eyebrow">Discounted Cash Flow</span>
<span className="psm-val-wacc-note">
WACC {(dcf.wacc * 100).toFixed(1)}% · Terminal {(dcf.terminal_growth * 100).toFixed(1)}%
</span>
</div>
{!dcf.available && (
<p className="psm-muted-copy">Insufficient free cash flow history for DCF.</p>
)}
{dcf.available && dcf.error && (
<p className="psm-val-dcf-error">{dcf.error}</p>
)}
{dcf.available && !dcf.error && (
<div className="psm-val-dcf-body">
<div className="psm-val-kv-list">
<div className="psm-val-kv-row">
<span className="psm-val-kv-label">Base FCF (TTM)</span>
<span className="psm-val-kv-val">{dcf.base_fcf != null ? fmtLarge(dcf.base_fcf) : "—"}</span>
</div>
<div className="psm-val-kv-row">
<span className="psm-val-kv-label">Historical growth</span>
<span className="psm-val-kv-val">
{dcf.growth_rate_used != null ? fmtPct(dcf.growth_rate_used) : "—"}
</span>
</div>
<div className="psm-val-kv-row is-divider">
<span className="psm-val-kv-label">Enterprise Value</span>
<span className="psm-val-kv-val">
{dcf.enterprise_value != null ? fmtLarge(dcf.enterprise_value) : "—"}
</span>
</div>
<div className="psm-val-kv-row">
<span className="psm-val-kv-label">Net Debt</span>
<span className="psm-val-kv-val">
{dcf.net_debt != null ? fmtLarge(dcf.net_debt) : "—"}
</span>
</div>
<div className="psm-val-kv-row is-total">
<span className="psm-val-kv-label">Equity Value</span>
<span className="psm-val-kv-val">
{dcf.equity_value != null ? fmtLarge(dcf.equity_value) : "—"}
</span>
</div>
</div>
<div className="psm-val-intrinsic">
<span className="psm-val-intrinsic-label">Intrinsic Value</span>
<span className="psm-val-intrinsic-price">
{dcf.intrinsic_value_per_share != null ? fmtCurrency(dcf.intrinsic_value_per_share) : "—"}
</span>
{data.shares_outstanding != null && (
<span className="psm-val-intrinsic-shares">
{fmtLarge(data.shares_outstanding)} shares
</span>
)}
</div>
</div>
)}
</div>
{/* Multiples */}
{hasMultiples && (
<div className="psm-val-section">
<div className="psm-val-section-head">
<span className="psm-eyebrow">Multiples — at current market multiple</span>
</div>
<div className="psm-val-mult-list">
{ev_ebitda.available && (
<MultipleRow
label="EV / EBITDA"
multiple={ev_ebitda.multiple_used}
price={ev_ebitda.implied_price_per_share}
current={current_price}
/>
)}
{ev_revenue.available && (
<MultipleRow
label="EV / Revenue"
multiple={ev_revenue.multiple_used}
price={ev_revenue.implied_price_per_share}
current={current_price}
/>
)}
{price_to_book.available && (
<MultipleRow
label="P / Book"
multiple={price_to_book.multiple_used}
price={price_to_book.implied_price_per_share}
current={current_price}
/>
)}
</div>
</div>
)}
</section>
);
}
|
