As of May 29, 2025, Muscle Maker Inc has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $1.32, this represents a potential upside of -400.2%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -447.5% |
| Potential Upside (10-year) | -400.2% |
| Discount Rate (WACC) | 6.2% - 8.0% |
Revenue is projected to grow from $10 million in 12-2021 to $14 million by 12-2031, representing a compound annual growth rate of approximately 3.4%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2021 | 10 | 131% |
| 12-2022 | 11 | 6% |
| 12-2023 | 11 | 2% |
| 12-2024 | 12 | 4% |
| 12-2025 | 12 | 3% |
| 12-2026 | 12 | 2% |
| 12-2027 | 13 | 4% |
| 12-2028 | 13 | 4% |
| 12-2029 | 14 | 2% |
| 12-2030 | 14 | 3% |
| 12-2031 | 14 | 2% |
Net profit margin is expected to improve from -79% in 12-2021 to -41% by 12-2031, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2021 | (8) | -79% |
| 12-2022 | (6) | -54% |
| 12-2023 | (6) | -51% |
| 12-2024 | (6) | -49% |
| 12-2025 | (5) | -46% |
| 12-2026 | (5) | -43% |
| 12-2027 | (5) | -43% |
| 12-2028 | (6) | -42% |
| 12-2029 | (6) | -42% |
| 12-2030 | (6) | -41% |
| 12-2031 | (6) | -41% |
. Projected CapEx is expected to maintain at approximately 11% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 12-2022 | 1 |
| 12-2023 | 1 |
| 12-2024 | 1 |
| 12-2025 | 1 |
| 12-2026 | 1 |
| 12-2027 | 1 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 9 |
| Days Inventory | 9 |
| Days Payables | 10 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 2022 | (7) | (2) | 1 | 1 | (7) |
| 2023 | (7) | (2) | 1 | (0) | (6) |
| 2024 | (7) | (2) | 1 | (0) | (6) |
| 2025 | (6) | (2) | 1 | 0 | (6) |
| 2026 | (6) | (2) | 1 | (0) | (5) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -447.5% |
| 10-Year DCF (Growth) | 0.00 | -400.2% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Muscle Maker Inc (GRIL) a buy or a sell? Muscle Maker Inc is definitely a sell. Based on our DCF analysis, Muscle Maker Inc (GRIL) appears to be overvalued with upside potential of -400.2%. 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 $1.32.