As of May 29, 2025, Brave Bison Group PLC has a Discounted Cash Flow (DCF) derived fair value of $3.92 per share. With the current market price at $2.55, this represents a potential upside of 53.7%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $2.84 |
| DCF Fair Value (10-year) | $3.92 |
| Potential Upside (5-year) | 11.2% |
| Potential Upside (10-year) | 53.7% |
| Discount Rate (WACC) | 7.0% - 9.7% |
Revenue is projected to grow from $36 million in 12-2023 to $70 million by 12-2033, representing a compound annual growth rate of approximately 6.9%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2023 | 36 | 13% |
| 12-2024 | 36 | 2% |
| 12-2025 | 41 | 11% |
| 12-2026 | 44 | 7% |
| 12-2027 | 47 | 9% |
| 12-2028 | 52 | 10% |
| 12-2029 | 55 | 6% |
| 12-2030 | 59 | 7% |
| 12-2031 | 63 | 6% |
| 12-2032 | 67 | 6% |
| 12-2033 | 70 | 5% |
Net profit margin is expected to improve from 9% in 12-2023 to 6% by 12-2033, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2023 | 3 | 9% |
| 12-2024 | 1 | 4% |
| 12-2025 | 2 | 4% |
| 12-2026 | 2 | 5% |
| 12-2027 | 3 | 6% |
| 12-2028 | 3 | 6% |
| 12-2029 | 4 | 6% |
| 12-2030 | 4 | 6% |
| 12-2031 | 4 | 6% |
| 12-2032 | 4 | 6% |
| 12-2033 | 4 | 6% |
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) |
|---|---|
| 12-2024 | 0 |
| 12-2025 | 0 |
| 12-2026 | 0 |
| 12-2027 | 0 |
| 12-2028 | 0 |
| 12-2029 | 0 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 77 |
| Days Inventory | 0 |
| Days Payables | 47 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 6M/2024 | 1 | 0 | 0 | 1 | (1) |
| 2025 | 2 | 0 | 0 | 0 | 1 |
| 2026 | 3 | 0 | 0 | (0) | 2 |
| 2027 | 3 | 0 | 0 | 1 | 1 |
| 2028 | 4 | 0 | 0 | 1 | 3 |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 2.84 | 11.2% |
| 10-Year DCF (Growth) | 3.92 | 53.7% |
| 5-Year DCF (EBITDA) | 2.19 | -14.3% |
| 10-Year DCF (EBITDA) | 2.96 | 16.1% |
Is Brave Bison Group PLC (BBSN.L) a buy or a sell? Brave Bison Group PLC is definitely a buy. Based on our DCF analysis, Brave Bison Group PLC (BBSN.L) appears to be significantly undervalued with upside potential of 53.7%. 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 a strong buy at the current market price of $2.55.