As of June 6, 2025, Adept Technology Group PLC's estimated intrinsic value ranges from $135.46 to $622.86 per share, depending on the valuation methodology applied.
| Valuation Method | Fair Value (USD) | Implied Upside/Downside |
|---|---|---|
| Discounted Cash Flow (10Y) | $450.07 | +124.5% |
| Discounted Cash Flow (5Y) | $187.26 | -6.6% |
| Dividend Discount Model (Multi-Stage) | $135.46 | -32.4% |
| Earnings Power Value | $622.86 | +210.7% |
Is Adept Technology Group PLC (ADT.L) undervalued or overvalued?
With the current market price at $200.50, the stock appears to be significantly undervalued.
Intrinsic value represents the "true" worth of a company based on its fundamentals rather than market sentiment. We've employed multiple methodologies to triangulate Adept Technology Group PLC's intrinsic value, including:
The cost of capital is a critical factor in valuation models, representing the required return for investors.
| WACC Component | Low | High |
|---|---|---|
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.66 | 0.72 |
| Cost of equity | 7.9% | 10.0% |
| Cost of debt | 4.2% | 9.2% |
| Tax rate | 29.0% | 39.6% |
| Debt/Equity ratio | 0.81 | 0.81 |
| After-tax WACC | 5.7% | 8.0% |
Our DCF model projects cash flows over 5-year and 10-year horizons, with the following key assumptions:
| DCF Model | Fair Value | Enterprise Value | % from Terminal Value |
|---|---|---|---|
| 5-Year Growth | $187 | $85M | 87.0% |
| 10-Year Growth | $450 | $151M | 76.8% |
| 5-Year EBITDA | $37 | $47M | 76.6% |
| 10-Year EBITDA | $169 | $81M | 56.5% |
The DDM values a company based on its expected future dividend payments. We used two approaches:
EPV assesses a company's value based on its current normalized earnings power, assuming no growth.
| EPV Component | Value |
|---|---|
| Normalized Earnings | $13M |
| Discount Rate (WACC) | 8.0% - 5.7% |
| Enterprise Value | $161M - $227M |
| Net Debt | $38M |
| Equity Value | $123M - $189M |
| Outstanding Shares | 0M |
| Fair Value | $491 - $754 |
| Selected Fair Value | $622.86 |
| Metric | Value |
|---|---|
| Market Capitalization | $50M |
| Enterprise Value | $88M |
| Trailing P/E | 0.00 |
| Forward P/E | 0.00 |
| Trailing EV/EBITDA | 6.20 |
| Current Dividend Yield | 0.00% |
| Dividend Growth Rate (5Y) | -100.00% |
| Debt-to-Equity Ratio | 0.81 |
To determine the most reliable intrinsic value estimate, we weigh each valuation method based on:
| Valuation Method | Weight | Weighted Value |
|---|---|---|
| Discounted Cash Flow (10Y) | 35% | $135.02 |
| Discounted Cash Flow (5Y) | 29% | $46.82 |
| Dividend Discount Model (Multi-Stage) | 24% | $27.09 |
| Earnings Power Value | 12% | $62.29 |
| Weighted Average | 100% | $319.08 |
Based on our comprehensive valuation analysis, Adept Technology Group PLC's weighted average intrinsic value is $319.08, which is approximately 59.1% above the current market price of $200.50.
Key investment considerations:
Given these factors, we believe Adept Technology Group PLC is currently significantly undervalued with the potential for long-term appreciation based on the company's growth trajectory and financial strength.