The Discounted Cash Flow (DCF) valuation of Borussia Dortmund GmbH & Co KGaA (BVB.DE) is 5.44 EUR. With the latest stock price at 3.83 EUR, the upside of Borussia Dortmund GmbH & Co KGaA based on DCF is 41.9%.
Based on the latest price of 3.83 EUR and our DCF valuation, Borussia Dortmund GmbH & Co KGaA (BVB.DE) is a buy. Buying BVB.DE stocks now will result in a potential gain of 41.9%.
Range | Selected | |
WACC / Discount Rate | 4.9% - 6.6% | 5.8% |
Long-term Growth Rate | 0.0% - 1.0% | 0.5% |
Fair Price | 4.31 - 7.34 | 5.44 |
Upside | 12.3% - 91.3% | 41.9% |
(EUR in millions) | Projections | |||||
06-2024 | 06-2025 | 06-2026 | 06-2027 | 06-2028 | 06-2029 | |
Revenue | 509 | 543 | 554 | 570 | 595 | 627 |
% Growth | 22% | 7% | 2% | 3% | 4% | 5% |
Cost of goods sold | (33) | (35) | (36) | (37) | (38) | (40) |
% of Revenue | 6% | 6% | 6% | 6% | 6% | 6% |
Selling, G&A expenses | (334) | (357) | (364) | (374) | (391) | (412) |
% of Revenue | 66% | 66% | 66% | 66% | 66% | 66% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (93) | (100) | (102) | (105) | (109) | (115) |
% of Revenue | 18% | 18% | 18% | 18% | 18% | 18% |
Tax expense | (4) | (3) | (3) | (3) | (3) | (3) |
Tax rate | 9% | 6% | 6% | 6% | 6% | 6% |
Net profit | 44 | 49 | 50 | 51 | 54 | 57 |
% Margin | 9% | 9% | 9% | 9% | 9% | 9% |