As of June 17, 2025, Viking Energy Group Inc has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $0.81, this represents a potential upside of -284.3%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -316.4% |
| Potential Upside (10-year) | -284.3% |
| Discount Rate (WACC) | 6.2% - 8.1% |
Revenue is projected to grow from $24 million in 12-2022 to $57 million by 12-2032, representing a compound annual growth rate of approximately 9.0%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2022 | 24 | 37% |
| 12-2023 | 27 | 12% |
| 12-2024 | 30 | 10% |
| 12-2025 | 33 | 12% |
| 12-2026 | 37 | 11% |
| 12-2027 | 40 | 10% |
| 12-2028 | 43 | 6% |
| 12-2029 | 46 | 8% |
| 12-2030 | 50 | 7% |
| 12-2031 | 54 | 7% |
| 12-2032 | 57 | 7% |
Net profit margin is expected to improve from -72% in 12-2022 to -40% by 12-2032, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2022 | (17) | -72% |
| 12-2023 | (14) | -50% |
| 12-2024 | (14) | -48% |
| 12-2025 | (15) | -46% |
| 12-2026 | (16) | -44% |
| 12-2027 | (17) | -42% |
| 12-2028 | (18) | -42% |
| 12-2029 | (19) | -42% |
| 12-2030 | (20) | -41% |
| 12-2031 | (22) | -41% |
| 12-2032 | (23) | -40% |
with a 5-year average of $3 million. Projected CapEx is expected to maintain at approximately 16% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 12-2023 | 3 |
| 12-2024 | 3 |
| 12-2025 | 3 |
| 12-2026 | 4 |
| 12-2027 | 5 |
| 12-2028 | 6 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 77 |
| Days Inventory | 117 |
| Days Payables | 113 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 9M/2023 | (6) | (4) | 3 | (4) | (1) |
| 2024 | (8) | (5) | 5 | 3 | (10) |
| 2025 | (7) | (6) | 5 | 2 | (9) |
| 2026 | (7) | (6) | 6 | (0) | (6) |
| 2027 | (5) | (6) | 6 | 2 | (7) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -316.4% |
| 10-Year DCF (Growth) | 0.00 | -284.3% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Viking Energy Group Inc (VKIN) a buy or a sell? Viking Energy Group Inc is definitely a sell. Based on our DCF analysis, Viking Energy Group Inc (VKIN) appears to be overvalued with upside potential of -284.3%. 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 $0.81.