As of May 31, 2025, Tirupati Graphite PLC has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $6.25, this represents a potential upside of -6768.6%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -3937.0% |
| Potential Upside (10-year) | -6768.6% |
| Discount Rate (WACC) | 7.9% - 11.8% |
Revenue is projected to grow from $3 million in 03-2023 to $28 million by 03-2033, representing a compound annual growth rate of approximately 25.0%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 03-2023 | 3 | 76% |
| 03-2024 | 3 | 6% |
| 03-2025 | 4 | 45% |
| 03-2026 | 6 | 41% |
| 03-2027 | 8 | 34% |
| 03-2028 | 11 | 29% |
| 03-2029 | 13 | 25% |
| 03-2030 | 17 | 24% |
| 03-2031 | 20 | 24% |
| 03-2032 | 24 | 18% |
| 03-2033 | 28 | 16% |
Net profit margin is expected to improve from -82% in 03-2023 to -57% by 03-2033, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 03-2023 | (2) | -82% |
| 03-2024 | (2) | -75% |
| 03-2025 | (3) | -71% |
| 03-2026 | (4) | -67% |
| 03-2027 | (5) | -64% |
| 03-2028 | (6) | -60% |
| 03-2029 | (8) | -59% |
| 03-2030 | (10) | -59% |
| 03-2031 | (12) | -58% |
| 03-2032 | (14) | -57% |
| 03-2033 | (16) | -57% |
with a 5-year average of $2 million. Projected CapEx is expected to maintain at approximately 252% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 03-2024 | 4 |
| 03-2025 | 6 |
| 03-2026 | 8 |
| 03-2027 | 12 |
| 03-2028 | 16 |
| 03-2029 | 22 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 148 |
| Days Inventory | 236 |
| Days Payables | 193 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 2024 | (1) | (0) | 8 | 1 | (9) |
| 2025 | (1) | (0) | 11 | 0 | (13) |
| 2026 | (1) | (0) | 16 | 1 | (17) |
| 2027 | (0) | (0) | 21 | 1 | (22) |
| 2028 | 1 | (0) | 27 | 1 | (26) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -3937.0% |
| 10-Year DCF (Growth) | 0.00 | -6768.6% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Tirupati Graphite PLC (TGR.L) a buy or a sell? Tirupati Graphite PLC is definitely a sell. Based on our DCF analysis, Tirupati Graphite PLC (TGR.L) appears to be overvalued with upside potential of -6768.6%. 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 $6.25.