As of July 4, 2025, Livechat Software SA's estimated intrinsic value ranges from $53.22 to $164.72 per share, depending on the valuation methodology applied.
| Valuation Method | Fair Value (USD) | Implied Upside/Downside |
|---|---|---|
| Discounted Cash Flow (10Y) | $164.72 | +28.3% |
| Discounted Cash Flow (5Y) | $140.42 | +9.4% |
| Dividend Discount Model (Multi-Stage) | $116.85 | -9.0% |
| Dividend Discount Model (Stable) | $95.86 | -25.3% |
| Earnings Power Value | $53.22 | -58.5% |
Is Livechat Software SA (LVC.WA) undervalued or overvalued?
With the current market price at $128.40, the stock appears to be fairly valued.
Intrinsic value represents the "true" worth of a company based on its fundamentals rather than market sentiment. We've employed multiple methodologies to triangulate Livechat Software SA's intrinsic value, including:
The cost of capital is a critical factor in valuation models, representing the required return for investors.
| WACC Component | Low | High |
|---|---|---|
| Long-term bond rate | 5.6% | 6.1% |
| Equity market risk premium | 6.8% | 7.8% |
| Adjusted beta | 0.48 | 0.58 |
| Cost of equity | 8.9% | 11.1% |
| Cost of debt | 5.0% | 5.0% |
| Tax rate | 6.8% | 6.9% |
| Debt/Equity ratio | 0 | 0 |
| After-tax WACC | 8.9% | 11.1% |
Our DCF model projects cash flows over 5-year and 10-year horizons, with the following key assumptions:
| DCF Model | Fair Value | Enterprise Value | % from Terminal Value |
|---|---|---|---|
| 5-Year Growth | $140 | $3,480M | 73.7% |
| 10-Year Growth | $165 | $4,106M | 56.7% |
| 5-Year EBITDA | $141 | $3,499M | 73.9% |
| 10-Year EBITDA | $165 | $4,122M | 56.9% |
The DDM values a company based on its expected future dividend payments. We used two approaches:
EPV assesses a company's value based on its current normalized earnings power, assuming no growth.
| EPV Component | Value |
|---|---|
| Normalized Earnings | $122M |
| Discount Rate (WACC) | 11.1% - 8.9% |
| Enterprise Value | $1,097M - $1,373M |
| Net Debt | $(135)M |
| Equity Value | $1,232M - $1,509M |
| Outstanding Shares | 26M |
| Fair Value | $48 - $59 |
| Selected Fair Value | $53.22 |
| Metric | Value |
|---|---|
| Market Capitalization | $3306M |
| Enterprise Value | $3171M |
| Trailing P/E | 19.18 |
| Forward P/E | 17.71 |
| Trailing EV/EBITDA | 13.05 |
| Current Dividend Yield | 367.60% |
| Dividend Growth Rate (5Y) | 26.04% |
| Debt-to-Equity Ratio | 0.00 |
To determine the most reliable intrinsic value estimate, we weigh each valuation method based on:
| Valuation Method | Weight | Weighted Value |
|---|---|---|
| Discounted Cash Flow (10Y) | 30% | $49.42 |
| Discounted Cash Flow (5Y) | 25% | $35.10 |
| Dividend Discount Model (Multi-Stage) | 20% | $23.37 |
| Dividend Discount Model (Stable) | 15% | $14.38 |
| Earnings Power Value | 10% | $5.32 |
| Weighted Average | 100% | $127.59 |
Based on our comprehensive valuation analysis, Livechat Software SA's intrinsic value is $127.59, which is approximately 0.6% below the current market price of $128.40.
Key investment considerations:
Given these factors, we believe Livechat Software SA is currently fairly valued with the potential for long-term appreciation based on the company's growth trajectory and financial strength.