As of June 1, 2025, Excellon Resources Inc has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $0.14, this represents a potential upside of 0.0%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | 0.0% |
| Potential Upside (10-year) | 0.0% |
| Discount Rate (WACC) | - |
Revenue is projected to grow from $26 million in 12-2022 to $52 million by 12-2032, representing a compound annual growth rate of approximately 7.2%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2022 | 26 | 32% |
| 12-2023 | 27 | 5% |
| 12-2024 | 29 | 5% |
| 12-2025 | 30 | 5% |
| 12-2026 | 33 | 9% |
| 12-2027 | 37 | 11% |
| 12-2028 | 40 | 9% |
| 12-2029 | 43 | 8% |
| 12-2030 | 46 | 6% |
| 12-2031 | 49 | 5% |
| 12-2032 | 52 | 7% |
Net profit margin is expected to improve from -73% in 12-2022 to -39% by 12-2032, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2022 | (19) | -73% |
| 12-2023 | (16) | -59% |
| 12-2024 | (16) | -55% |
| 12-2025 | (15) | -50% |
| 12-2026 | (15) | -47% |
| 12-2027 | (16) | -43% |
| 12-2028 | (17) | -42% |
| 12-2029 | (18) | -41% |
| 12-2030 | (19) | -41% |
| 12-2031 | (19) | -40% |
| 12-2032 | (20) | -39% |
with a 5-year average of $5 million. Projected CapEx is expected to maintain at approximately 19% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 12-2023 | 6 |
| 12-2024 | 6 |
| 12-2025 | 5 |
| 12-2026 | 5 |
| 12-2027 | 6 |
| 12-2028 | 6 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 13 |
| Days Inventory | 19 |
| Days Payables | 57 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 3M/2023 | (2) | (1) | 1 | 1 | (4) |
| 2024 | (9) | (2) | 5 | (0) | (12) |
| 2025 | (9) | (2) | 6 | (0) | (12) |
| 2026 | (9) | (2) | 6 | 0 | (13) |
| 2027 | (8) | (2) | 7 | (0) | (12) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | 0.0% |
| 10-Year DCF (Growth) | 0.00 | 0.0% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Excellon Resources Inc (EXN.TO) a buy or a sell? Excellon Resources Inc is definitely a buy. Based on our DCF analysis, Excellon Resources Inc (EXN.TO) appears to be overvalued with upside potential of 0.0%. 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 $0.14.