The Discounted Cash Flow (DCF) valuation of Braemar Shipping Services PLC (BMS.L) is 367.07 GBP. With the latest stock price at 217.00 GBP, the upside of Braemar Shipping Services PLC based on DCF is 69.2%.

Is BMS.L a buy or a sell?

Based on the latest price of 217.00 GBP and our DCF valuation, Braemar Shipping Services PLC (BMS.L) is a buy. Buying BMS.L stocks now will result in a potential gain of 69.2%.

	Range	Selected
WACC / Discount Rate	6.3% - 8.3%	7.3%
Long-term Growth Rate	0.0% - 1.0%	0.5%
Fair Price	299.35 - 472.39	367.07
Upside	38.0% - 117.7%	69.2%

217.00 GBP

Stock Price

367.07 GBP

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

BMS.L DCF Valuation: Revenue & Expenses Forecast

(GBP in millions)		Projections

	02-2025	02-2026	02-2027	02-2028	02-2029	02-2030

Revenue	142	148	154	164	168	173
% Growth	7%	4%	4%	7%	3%	3%

Cost of goods sold	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Selling, G&A expenses	(115)	(120)	(125)	(133)	(136)	(141)
% of Revenue	81%	81%	81%	81%	81%	81%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(17)	(18)	(19)	(20)	(20)	(21)
% of Revenue	12%	12%	12%	12%	12%	12%

Tax expense	(3)	(3)	(3)	(4)	(4)	(4)
Tax rate	34%	34%	34%	34%	34%	34%

Net profit	6	6	7	7	7	7
% Margin	4%	4%	4%	4%	4%	4%