As of May 29, 2025, Lamprell Plc has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $8.88, this represents a potential upside of -2331.8%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -2664.8% |
| Potential Upside (10-year) | -2331.8% |
| Discount Rate (WACC) | 6.6% - 11.0% |
Revenue is projected to grow from $389 million in 12-2021 to $2164 million by 12-2031, representing a compound annual growth rate of approximately 18.7%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2021 | 389 | 15% |
| 12-2022 | 590 | 52% |
| 12-2023 | 716 | 21% |
| 12-2024 | 881 | 23% |
| 12-2025 | 1038 | 18% |
| 12-2026 | 1213 | 17% |
| 12-2027 | 1392 | 15% |
| 12-2028 | 1592 | 14% |
| 12-2029 | 1797 | 13% |
| 12-2030 | 1996 | 11% |
| 12-2031 | 2164 | 8% |
Net profit margin is expected to improve from -15% in 12-2021 to -6% by 12-2031, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2021 | (60) | -15% |
| 12-2022 | (79) | -13% |
| 12-2023 | (82) | -11% |
| 12-2024 | (84) | -9% |
| 12-2025 | (79) | -8% |
| 12-2026 | (70) | -6% |
| 12-2027 | (80) | -6% |
| 12-2028 | (92) | -6% |
| 12-2029 | (104) | -6% |
| 12-2030 | (115) | -6% |
| 12-2031 | (125) | -6% |
with a 5-year average of $16 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) |
|---|---|
| 12-2022 | 17 |
| 12-2023 | 23 |
| 12-2024 | 28 |
| 12-2025 | 36 |
| 12-2026 | 46 |
| 12-2027 | 54 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 117 |
| Days Inventory | 48 |
| Days Payables | 63 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 2022 | (28) | (0) | 31 | 138 | (197) |
| 2023 | (18) | (0) | 37 | 9 | (64) |
| 2024 | (6) | (0) | 46 | 5 | (57) |
| 2025 | 16 | (0) | 54 | 75 | (113) |
| 2026 | 45 | (0) | 63 | 30 | (48) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -2664.8% |
| 10-Year DCF (Growth) | 0.00 | -2331.8% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Lamprell Plc (LAM.L) a buy or a sell? Lamprell Plc is definitely a sell. Based on our DCF analysis, Lamprell Plc (LAM.L) appears to be overvalued with upside potential of -2331.8%. 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 $8.88.