As of May 25, 2025, Newage Inc has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $0.09, this represents a potential upside of -6760.6%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -8252.3% |
| Potential Upside (10-year) | -6760.6% |
| Discount Rate (WACC) | 4.8% - 7.5% |
Revenue is projected to grow from $279 million in 12-2020 to $1337 million by 12-2030, representing a compound annual growth rate of approximately 17.0%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2020 | 279 | 10% |
| 12-2021 | 520 | 86% |
| 12-2022 | 572 | 10% |
| 12-2023 | 652 | 14% |
| 12-2024 | 748 | 15% |
| 12-2025 | 843 | 13% |
| 12-2026 | 952 | 13% |
| 12-2027 | 1056 | 11% |
| 12-2028 | 1160 | 10% |
| 12-2029 | 1245 | 7% |
| 12-2030 | 1337 | 7% |
Net profit margin is expected to improve from -14% in 12-2020 to -3% by 12-2030, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2020 | (39) | -14% |
| 12-2021 | (50) | -10% |
| 12-2022 | (47) | -8% |
| 12-2023 | (45) | -7% |
| 12-2024 | (41) | -6% |
| 12-2025 | (36) | -4% |
| 12-2026 | (39) | -4% |
| 12-2027 | (40) | -4% |
| 12-2028 | (42) | -4% |
| 12-2029 | (42) | -3% |
| 12-2030 | (42) | -3% |
. Projected CapEx is expected to maintain at approximately 1% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 12-2021 | 3 |
| 12-2022 | 5 |
| 12-2023 | 6 |
| 12-2024 | 6 |
| 12-2025 | 7 |
| 12-2026 | 8 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 34 |
| Days Inventory | 207 |
| Days Payables | 69 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 2021 | (52) | (10) | 6 | 79 | (126) |
| 2022 | (46) | (9) | 6 | (28) | (15) |
| 2023 | (41) | (9) | 7 | 17 | (56) |
| 2024 | (37) | (8) | 8 | 21 | (58) |
| 2025 | (28) | (7) | 9 | 2 | (32) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -8252.3% |
| 10-Year DCF (Growth) | 0.00 | -6760.6% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Newage Inc (NBEV) a buy or a sell? Newage Inc is definitely a sell. Based on our DCF analysis, Newage Inc (NBEV) appears to be overvalued with upside potential of -6760.6%. 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 $0.09.