As of May 29, 2025, Assetco PLC has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $36.50, this represents a potential upside of -933.5%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -950.6% |
| Potential Upside (10-year) | -933.5% |
| Discount Rate (WACC) | 6.1% - 7.7% |
Revenue is projected to grow from $15 million in 09-2023 to $18 million by 09-2033, representing a compound annual growth rate of approximately 1.8%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 09-2023 | 15 | 83% |
| 09-2024 | 14 | -7% |
| 09-2025 | 14 | 0% |
| 09-2026 | 15 | 8% |
| 09-2027 | 15 | 2% |
| 09-2028 | 16 | 5% |
| 09-2029 | 17 | 3% |
| 09-2030 | 17 | 2% |
| 09-2031 | 18 | 5% |
| 09-2032 | 18 | 2% |
| 09-2033 | 18 | 2% |
Net profit margin is expected to improve from -85% in 09-2023 to -86% by 09-2033, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 09-2023 | (13) | -85% |
| 09-2024 | (12) | -86% |
| 09-2025 | (12) | -86% |
| 09-2026 | (13) | -86% |
| 09-2027 | (13) | -86% |
| 09-2028 | (14) | -86% |
| 09-2029 | (14) | -86% |
| 09-2030 | (14) | -86% |
| 09-2031 | (15) | -86% |
| 09-2032 | (16) | -86% |
| 09-2033 | (16) | -86% |
with a 5-year average of $0 million. Projected CapEx is expected to maintain at approximately 1% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 09-2024 | 0 |
| 09-2025 | 0 |
| 09-2026 | 0 |
| 09-2027 | 0 |
| 09-2028 | 0 |
| 09-2029 | 0 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 129 |
| Days Inventory | 0 |
| Days Payables | 68 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 6M/2024 | (7) | (0) | 0 | 3 | (9) |
| 2025 | (13) | (0) | 0 | (1) | (13) |
| 2026 | (14) | (0) | 0 | (1) | (14) |
| 2027 | (15) | (0) | 0 | 1 | (16) |
| 2028 | (15) | (0) | 0 | (0) | (15) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -950.6% |
| 10-Year DCF (Growth) | 0.00 | -933.5% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Assetco PLC (ASTO.L) a buy or a sell? Assetco PLC is definitely a sell. Based on our DCF analysis, Assetco PLC (ASTO.L) appears to be overvalued with upside potential of -933.5%. 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 $36.50.