As of May 22, 2025, Speqta publ AB has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $2.48, this represents a potential upside of -7628.2%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -6666.9% |
| Potential Upside (10-year) | -7628.2% |
| Discount Rate (WACC) | 5.3% - 7.9% |
Revenue is projected to grow from $58 million in 12-2023 to $271 million by 12-2033, representing a compound annual growth rate of approximately 16.7%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2023 | 58 | 301% |
| 12-2024 | 88 | 52% |
| 12-2025 | 117 | 33% |
| 12-2026 | 154 | 31% |
| 12-2027 | 170 | 11% |
| 12-2028 | 184 | 8% |
| 12-2029 | 199 | 8% |
| 12-2030 | 218 | 10% |
| 12-2031 | 236 | 8% |
| 12-2032 | 253 | 7% |
| 12-2033 | 271 | 7% |
Net profit margin is expected to improve from -106% in 12-2023 to -104% by 12-2033, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2023 | (61) | -106% |
| 12-2024 | (93) | -106% |
| 12-2025 | (123) | -105% |
| 12-2026 | (161) | -105% |
| 12-2027 | (177) | -104% |
| 12-2028 | (191) | -104% |
| 12-2029 | (207) | -104% |
| 12-2030 | (226) | -104% |
| 12-2031 | (245) | -104% |
| 12-2032 | (263) | -104% |
| 12-2033 | (281) | -104% |
with a 5-year average of $11 million. Projected CapEx is expected to maintain at approximately 26% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 12-2024 | 13 |
| 12-2025 | 16 |
| 12-2026 | 22 |
| 12-2027 | 30 |
| 12-2028 | 37 |
| 12-2029 | 43 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 82 |
| Days Inventory | 0 |
| Days Payables | 274 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 9M/2024 | (57) | (2) | 17 | 7 | (80) |
| 2025 | (102) | (3) | 31 | 0 | (130) |
| 2026 | (132) | (3) | 40 | 6 | (174) |
| 2027 | (140) | (4) | 44 | 5 | (186) |
| 2028 | (146) | (4) | 48 | 1 | (191) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -6666.9% |
| 10-Year DCF (Growth) | 0.00 | -7628.2% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Speqta publ AB (SPEQT.ST) a buy or a sell? Speqta publ AB is definitely a sell. Based on our DCF analysis, Speqta publ AB (SPEQT.ST) appears to be overvalued with upside potential of -7628.2%. 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 $2.48.