As of May 23, 2025, iEnergizer Ltd has a Discounted Cash Flow (DCF) derived fair value of $547.78 per share. With the current market price at $59.80, this represents a potential upside of 816.0%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $432.29 |
| DCF Fair Value (10-year) | $547.78 |
| Potential Upside (5-year) | 622.9% |
| Potential Upside (10-year) | 816.0% |
| Discount Rate (WACC) | 7.5% - 10.5% |
Revenue is projected to grow from $260 million in 03-2022 to $516 million by 03-2032, representing a compound annual growth rate of approximately 7.1%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 03-2022 | 260 | 30% |
| 03-2023 | 284 | 9% |
| 03-2024 | 306 | 8% |
| 03-2025 | 318 | 4% |
| 03-2026 | 344 | 8% |
| 03-2027 | 369 | 7% |
| 03-2028 | 402 | 9% |
| 03-2029 | 420 | 4% |
| 03-2030 | 455 | 8% |
| 03-2031 | 492 | 8% |
| 03-2032 | 516 | 5% |
Net profit margin is expected to improve from 29% in 03-2022 to 27% by 03-2032, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 03-2022 | 75 | 29% |
| 03-2023 | 78 | 27% |
| 03-2024 | 84 | 27% |
| 03-2025 | 87 | 27% |
| 03-2026 | 94 | 27% |
| 03-2027 | 101 | 27% |
| 03-2028 | 110 | 27% |
| 03-2029 | 115 | 27% |
| 03-2030 | 125 | 27% |
| 03-2031 | 135 | 27% |
| 03-2032 | 141 | 27% |
with a 5-year average of $7 million. Projected CapEx is expected to maintain at approximately 3% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 03-2023 | 9 |
| 03-2024 | 10 |
| 03-2025 | 11 |
| 03-2026 | 13 |
| 03-2027 | 11 |
| 03-2028 | 12 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 60 |
| Days Inventory | 0 |
| Days Payables | 62 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 6M/2023 | 53 | 7 | 5 | 3 | 38 |
| 2024 | 114 | 14 | 10 | 3 | 87 |
| 2025 | 119 | 15 | 11 | 0 | 94 |
| 2026 | 130 | 16 | 11 | 4 | 98 |
| 2027 | 136 | 17 | 12 | 3 | 104 |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 432.29 | 622.9% |
| 10-Year DCF (Growth) | 547.78 | 816.0% |
| 5-Year DCF (EBITDA) | 333.94 | 458.4% |
| 10-Year DCF (EBITDA) | 460.58 | 670.2% |
Is iEnergizer Ltd (IBPO.L) a buy or a sell? iEnergizer Ltd is definitely a buy. Based on our DCF analysis, iEnergizer Ltd (IBPO.L) appears to be significantly undervalued with upside potential of 816.0%. 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 a strong buy at the current market price of $59.80.