As of June 12, 2025, Argo Blockchain PLC has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $2.88, this represents a potential upside of -55820.4%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -26703.1% |
| Potential Upside (10-year) | -55820.4% |
| Discount Rate (WACC) | 7.9% - 14.2% |
Revenue is projected to grow from $47 million in 12-2024 to $1696 million by 12-2034, representing a compound annual growth rate of approximately 43.1%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2024 | 47 | 7% |
| 12-2025 | 142 | 201% |
| 12-2026 | 183 | 29% |
| 12-2027 | 277 | 51% |
| 12-2028 | 386 | 39% |
| 12-2029 | 522 | 35% |
| 12-2030 | 689 | 32% |
| 12-2031 | 901 | 31% |
| 12-2032 | 1133 | 26% |
| 12-2033 | 1394 | 23% |
| 12-2034 | 1696 | 22% |
Net profit margin is expected to improve from -117% in 12-2024 to -90% by 12-2034, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2024 | (55) | -117% |
| 12-2025 | (157) | -111% |
| 12-2026 | (195) | -106% |
| 12-2027 | (283) | -102% |
| 12-2028 | (378) | -98% |
| 12-2029 | (491) | -94% |
| 12-2030 | (643) | -93% |
| 12-2031 | (833) | -92% |
| 12-2032 | (1,039) | -92% |
| 12-2033 | (1,269) | -91% |
| 12-2034 | (1,532) | -90% |
with a 5-year average of $58 million. Projected CapEx is expected to maintain at approximately 77% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 12-2025 | 79 |
| 12-2026 | 74 |
| 12-2027 | 93 |
| 12-2028 | 152 |
| 12-2029 | 233 |
| 12-2030 | 317 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 3 |
| Days Inventory | 0 |
| Days Payables | 14 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 2025 | (59) | (1) | 109 | (2) | (164) |
| 2026 | (96) | (1) | 141 | (1) | (235) |
| 2027 | (151) | (2) | 213 | (2) | (360) |
| 2028 | (172) | (2) | 297 | (2) | (465) |
| 2029 | (185) | (3) | 402 | (2) | (582) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -26703.1% |
| 10-Year DCF (Growth) | 0.00 | -55820.4% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Argo Blockchain PLC (ARB.L) a buy or a sell? Argo Blockchain PLC is definitely a sell. Based on our DCF analysis, Argo Blockchain PLC (ARB.L) appears to be overvalued with upside potential of -55820.4%. The company's strong projected growth in revenue and profitability, coupled with consistent capital expenditure, supports our positive outlook on its intrinsic value.
Key investment drivers include:
Investors should consider reducing exposure at the current market price of $2.88.