As of May 23, 2025, BMO Capital and Income Investment Trust PLC has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $303.00, this represents a potential upside of 311.1%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | 270.9% |
| Potential Upside (10-year) | 311.1% |
| Discount Rate (WACC) | 8.5% - 11.0% |
Revenue is projected to grow from $102 million in 09-2021 to $143 million by 09-2031, representing a compound annual growth rate of approximately 3.4%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 09-2021 | 102 | 250% |
| 09-2022 | 107 | 4% |
| 09-2023 | 111 | 4% |
| 09-2024 | 113 | 2% |
| 09-2025 | 117 | 4% |
| 09-2026 | 120 | 2% |
| 09-2027 | 124 | 4% |
| 09-2028 | 127 | 2% |
| 09-2029 | 132 | 4% |
| 09-2030 | 139 | 5% |
| 09-2031 | 143 | 3% |
Net profit margin is expected to improve from 98% in 09-2021 to 98% by 09-2031, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 09-2021 | 100 | 98% |
| 09-2022 | 105 | 98% |
| 09-2023 | 108 | 98% |
| 09-2024 | 111 | 98% |
| 09-2025 | 115 | 98% |
| 09-2026 | 117 | 98% |
| 09-2027 | 122 | 98% |
| 09-2028 | 124 | 98% |
| 09-2029 | 129 | 98% |
| 09-2030 | 136 | 98% |
| 09-2031 | 140 | 98% |
with a 5-year average of $0 million. Projected CapEx is expected to maintain at approximately 0% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 09-2022 | 0 |
| 09-2023 | 0 |
| 09-2024 | 0 |
| 09-2025 | 0 |
| 09-2026 | 0 |
| 09-2027 | 0 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 7 |
| Days Inventory | 0 |
| Days Payables | 29 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 6M/2022 | 52 | 0 | 0 | 1 | 52 |
| 2023 | 108 | 0 | 0 | (1) | 110 |
| 2024 | 111 | 0 | 0 | 1 | 110 |
| 2025 | 115 | 0 | 0 | 0 | 115 |
| 2026 | 117 | 0 | 0 | (0) | 117 |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | 270.9% |
| 10-Year DCF (Growth) | 0.00 | 311.1% |
| 5-Year DCF (EBITDA) | 621.57 | 105.1% |
| 10-Year DCF (EBITDA) | 872.76 | 188.0% |
Is BMO Capital and Income Investment Trust PLC (BCI.L) a buy or a sell? BMO Capital and Income Investment Trust PLC is definitely a buy. Based on our DCF analysis, BMO Capital and Income Investment Trust PLC (BCI.L) appears to be overvalued with upside potential of 311.1%. 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 $303.00.