As of September 18, 2025, Dye & Durham Ltd has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $8.81, this represents a potential upside of -286.3%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -323.4% |
| Potential Upside (10-year) | -286.3% |
| Discount Rate (WACC) | 9.1% - 12.6% |
Revenue is projected to grow from $458 million in 06-2024 to $2173 million by 06-2034, representing a compound annual growth rate of approximately 16.8%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 06-2024 | 458 | 1% |
| 06-2025 | 488 | 7% |
| 06-2026 | 510 | 5% |
| 06-2027 | 556 | 9% |
| 06-2028 | 698 | 25% |
| 06-2029 | 854 | 22% |
| 06-2030 | 1039 | 22% |
| 06-2031 | 1276 | 23% |
| 06-2032 | 1538 | 21% |
| 06-2033 | 1817 | 18% |
| 06-2034 | 2173 | 20% |
Net profit margin is expected to improve from -38% in 06-2024 to -36% by 06-2034, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 06-2024 | (174) | -38% |
| 06-2025 | (184) | -38% |
| 06-2026 | (191) | -37% |
| 06-2027 | (206) | -37% |
| 06-2028 | (256) | -37% |
| 06-2029 | (311) | -36% |
| 06-2030 | (378) | -36% |
| 06-2031 | (464) | -36% |
| 06-2032 | (558) | -36% |
| 06-2033 | (658) | -36% |
| 06-2034 | (786) | -36% |
with a 5-year average of $22 million. Projected CapEx is expected to maintain at approximately 6% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 06-2025 | 27 |
| 06-2026 | 31 |
| 06-2027 | 33 |
| 06-2028 | 35 |
| 06-2029 | 37 |
| 06-2030 | 44 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 65 |
| Days Inventory | 0 |
| Days Payables | 0 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 3M/2025 | 6 | (9) | 7 | (3) | 10 |
| 2026 | 29 | (37) | 31 | 9 | 26 |
| 2027 | 32 | (40) | 33 | 11 | 28 |
| 2028 | 37 | (49) | 42 | 23 | 22 |
| 2029 | 43 | (60) | 51 | 31 | 20 |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -323.4% |
| 10-Year DCF (Growth) | 0.00 | -286.3% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Dye & Durham Ltd (DND.TO) a buy or a sell? Dye & Durham Ltd is definitely a sell. Based on our DCF analysis, Dye & Durham Ltd (DND.TO) appears to be overvalued with upside potential of -286.3%. 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 $8.81.