As of December 15, 2025, Protektor SA's estimated intrinsic value ranges from $0.68 to $5.97 per share, depending on the valuation methodology applied.
| Valuation Method | Fair Value (USD) | Implied Upside/Downside |
|---|---|---|
| Discounted Cash Flow (10Y) | $5.97 | +479.3% |
| Discounted Cash Flow (5Y) | $0.92 | -11.1% |
| Dividend Discount Model (Multi-Stage) | $0.68 | -34.2% |
| Earnings Power Value | $0.78 | -24.3% |
Is Protektor SA (PRT.WA) undervalued or overvalued?
With the current market price at $1.03, the stock appears to be significantly undervalued.
Intrinsic value represents the "true" worth of a company based on its fundamentals rather than market sentiment. We've employed multiple methodologies to triangulate Protektor 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 | 5.5% | 6.0% |
| Equity market risk premium | 6.3% | 7.3% |
| Adjusted beta | 0.47 | 0.76 |
| Cost of equity | 8.5% | 12.1% |
| Cost of debt | 6.5% | 7.0% |
| Tax rate | 19.0% | 19.0% |
| Debt/Equity ratio | 0.85 | 0.85 |
| After-tax WACC | 7.0% | 9.1% |
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 | $1 | $47M | 100.0% |
| 10-Year Growth | $6 | $183M | 80.2% |
| 5-Year EBITDA | $0 | $35M | 100.0% |
| 10-Year EBITDA | $3 | $106M | 65.8% |
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 | $3M |
| Discount Rate (WACC) | 9.1% - 7.0% |
| Enterprise Value | $38M - $49M |
| Net Debt | $23M |
| Equity Value | $15M - $27M |
| Outstanding Shares | 27M |
| Fair Value | $1 - $1 |
| Selected Fair Value | $0.78 |
| Metric | Value |
|---|---|
| Market Capitalization | $28M |
| Enterprise Value | $50M |
| Trailing P/E | 0.00 |
| Forward P/E | 0.00 |
| Trailing EV/EBITDA | 5.60 |
| Current Dividend Yield | 4.14% |
| Dividend Growth Rate (5Y) | -100.00% |
| Debt-to-Equity Ratio | 0.85 |
To determine the most reliable intrinsic value estimate, we weigh each valuation method based on:
| Valuation Method | Weight | Weighted Value |
|---|---|---|
| Discounted Cash Flow (10Y) | 35% | $1.79 |
| Discounted Cash Flow (5Y) | 29% | $0.23 |
| Dividend Discount Model (Multi-Stage) | 24% | $0.14 |
| Earnings Power Value | 12% | $0.08 |
| Weighted Average | 100% | $2.63 |
Based on our comprehensive valuation analysis, Protektor SA's intrinsic value is $2.63, which is approximately 155.0% above the current market price of $1.03.
Key investment considerations:
Given these factors, we believe Protektor SA is currently significantly undervalued with the potential for long-term appreciation based on the company's growth trajectory and financial strength.