As of June 21, 2025, Brioschi Sviluppo Immobiliare SpA has a Discounted Cash Flow (DCF) derived fair value of $0.06 per share. With the current market price at $0.06, this represents a potential upside of -378.1%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.06 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | 6.1% |
| Potential Upside (10-year) | -378.1% |
| Discount Rate (WACC) | 5.2% - 6.7% |
Revenue is projected to grow from $18 million in 12-2024 to $23 million by 12-2034, representing a compound annual growth rate of approximately 2.5%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2024 | 18 | 9% |
| 12-2025 | 19 | 5% |
| 12-2026 | 19 | 3% |
| 12-2027 | 20 | 2% |
| 12-2028 | 20 | 2% |
| 12-2029 | 20 | 2% |
| 12-2030 | 21 | 4% |
| 12-2031 | 22 | 2% |
| 12-2032 | 22 | 2% |
| 12-2033 | 23 | 4% |
| 12-2034 | 23 | 2% |
Net profit margin is expected to improve from -5% in 12-2024 to -2% by 12-2034, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2024 | (1) | -5% |
| 12-2025 | (1) | -3% |
| 12-2026 | (1) | -3% |
| 12-2027 | (0) | -2% |
| 12-2028 | (0) | -2% |
| 12-2029 | (0) | -2% |
| 12-2030 | (0) | -2% |
| 12-2031 | (0) | -2% |
| 12-2032 | (0) | -2% |
| 12-2033 | (0) | -2% |
| 12-2034 | (0) | -2% |
with a 5-year average of $1 million. Projected CapEx is expected to maintain at approximately 5% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 12-2025 | 1 |
| 12-2026 | 1 |
| 12-2027 | 1 |
| 12-2028 | 1 |
| 12-2029 | 1 |
| 12-2030 | 1 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 31 |
| Days Inventory | 11,170 |
| Days Payables | 5,694 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 2025 | 1 | (0) | 1 | 32 | (32) |
| 2026 | 2 | (0) | 1 | 19 | (18) |
| 2027 | 2 | (0) | 1 | (23) | 24 |
| 2028 | 2 | (0) | 1 | 9 | (8) |
| 2029 | 2 | (0) | 1 | 2 | (1) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.06 | 6.1% |
| 10-Year DCF (Growth) | 0.00 | -378.1% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Brioschi Sviluppo Immobiliare SpA (BRI.MI) a buy or a sell? Brioschi Sviluppo Immobiliare SpA is definitely a sell. Based on our DCF analysis, Brioschi Sviluppo Immobiliare SpA (BRI.MI) appears to be fairly valued with upside potential of -378.1%. 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 a hold at the current market price of $0.06.