As of May 23, 2025, Zenabis Global Inc has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $0.15, this represents a potential upside of -1443.9%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -1851.2% |
| Potential Upside (10-year) | -1443.9% |
| Discount Rate (WACC) | 5.0% - 6.0% |
Revenue is projected to grow from $59 million in 12-2020 to $113 million by 12-2030, representing a compound annual growth rate of approximately 6.7%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2020 | 59 | 95% |
| 12-2021 | 64 | 8% |
| 12-2022 | 69 | 8% |
| 12-2023 | 71 | 3% |
| 12-2024 | 77 | 8% |
| 12-2025 | 82 | 6% |
| 12-2026 | 88 | 7% |
| 12-2027 | 94 | 8% |
| 12-2028 | 97 | 4% |
| 12-2029 | 105 | 7% |
| 12-2030 | 113 | 7% |
Net profit margin is expected to improve from -93% in 12-2020 to -71% by 12-2030, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2020 | (55) | -93% |
| 12-2021 | (51) | -79% |
| 12-2022 | (54) | -78% |
| 12-2023 | (54) | -76% |
| 12-2024 | (57) | -74% |
| 12-2025 | (60) | -73% |
| 12-2026 | (63) | -72% |
| 12-2027 | (68) | -72% |
| 12-2028 | (70) | -72% |
| 12-2029 | (75) | -72% |
| 12-2030 | (80) | -71% |
with a 5-year average of $20 million. Projected CapEx is expected to maintain at approximately 66% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 12-2021 | 28 |
| 12-2022 | 36 |
| 12-2023 | 45 |
| 12-2024 | 38 |
| 12-2025 | 48 |
| 12-2026 | 51 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 75 |
| Days Inventory | (717) |
| Days Payables | 0 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 9M/2021 | (1) | (5) | 32 | (89) | 62 |
| 2022 | 5 | (7) | 46 | (16) | (17) |
| 2023 | 15 | (8) | 47 | 53 | (78) |
| 2024 | 7 | (8) | 51 | (29) | (8) |
| 2025 | 17 | (8) | 54 | 3 | (32) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -1851.2% |
| 10-Year DCF (Growth) | 0.00 | -1443.9% |
| 5-Year DCF (EBITDA) | 0.06 | -62.9% |
| 10-Year DCF (EBITDA) | 0.01 | -95.1% |
Is Zenabis Global Inc (ZENA.TO) a buy or a sell? Zenabis Global Inc is definitely a sell. Based on our DCF analysis, Zenabis Global Inc (ZENA.TO) appears to be overvalued with upside potential of -1443.9%. 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 $0.15.