BC8.DE
Bechtle AG
Price:  
38.28 
EUR
Volume:  
153,170
Germany | IT Services

BC8.DE DCF Valuation - Growth Exit 5Y

-22.1 %
Upside

What is the DCF valuation of BC8.DE?

The Discounted Cash Flow (DCF) valuation of Bechtle AG (BC8.DE) is 29.80 EUR. With the latest stock price at 38.28 EUR, the upside of Bechtle AG based on DCF is -22.1%.

Is BC8.DE a buy or a sell?

Based on the latest price of 38.28 EUR and our DCF valuation, Bechtle AG (BC8.DE) is a sell. Selling BC8.DE stocks now will result in a potential gain of 22.1%.

Range Selected
WACC / Discount Rate6.6% - 8.5%7.6%
Long-term Growth Rate 1.0% - 3.0%2.0%
Fair Price22.62 - 44.6929.80
Upside-40.9% - 16.7%-22.1%
38.28 EUR
Stock Price
29.80 EUR
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

BC8.DE DCF Valuation: Revenue & Expenses Forecast

(EUR in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue6,3066,1286,5296,8407,2227,661
% Growth
2%-3%7%5%6%6%
Cost of goods sold(5,167)(5,022)(5,350)(5,606)(5,918)(6,278)
% of Revenue82%82%82%82%82%82%
Selling, G&A expenses(724)(704)(750)(786)(829)(880)
% of Revenue11%11%11%11%11%11%
Research & Development000000
% of Revenue0%0%0%0%0%0%
Net interest & other expenses(69)(67)(72)(75)(79)(84)
% of Revenue1%1%1%1%1%1%
Tax expense(100)(97)(103)(108)(114)(121)
Tax rate29%29%29%29%29%29%
Net profit245239254266281298
% Margin4%4%4%4%4%4%