BSL.SI
Raffles Medical Group Ltd
Price:  
1.01 
SGD
Volume:  
1,288,900
Singapore | Health Care Providers & Services

BSL.SI DCF Valuation - Growth Exit 5Y

-29.1 %
Upside

What is the DCF valuation of BSL.SI?

The Discounted Cash Flow (DCF) valuation of Raffles Medical Group Ltd (BSL.SI) is 0.72 SGD. With the latest stock price at 1.01 SGD, the upside of Raffles Medical Group Ltd based on DCF is -29.1%.

Is BSL.SI a buy or a sell?

Based on the latest price of 1.01 SGD and our DCF valuation, Raffles Medical Group Ltd (BSL.SI) is a sell. Selling BSL.SI stocks now will result in a potential gain of 29.1%.

Range Selected
WACC / Discount Rate5.7% - 8.1%6.9%
Long-term Growth Rate 2.0% - 4.0%3.0%
Fair Price0.5 - 1.460.72
Upside-50.1% - 44.4%-29.1%
1.01 SGD
Stock Price
0.72 SGD
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

BSL.SI DCF Valuation: Revenue & Expenses Forecast

(SGD in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue752790825905934977
% Growth
6%5%4%10%3%5%
Cost of goods sold(99)(104)(108)(119)(122)(128)
% of Revenue13%13%13%13%13%13%
Selling, G&A expenses(318)(334)(349)(383)(395)(413)
% of Revenue42%42%42%42%42%42%
Research & Development000000
% of Revenue0%0%0%0%0%0%
Net interest & other expenses(248)(261)(273)(299)(309)(323)
% of Revenue33%33%33%33%33%33%
Tax expense(25)(23)(24)(26)(27)(28)
Tax rate28%25%25%25%25%25%
Net profit626972788185
% Margin8%9%9%9%9%9%