The Discounted Cash Flow (DCF) valuation of CLPS Inc (CLPS) is 1.10 USD. With the latest stock price at 1.01 USD, the upside of CLPS Inc based on DCF is 8.9%.

Is CLPS a buy or a sell?

Based on the latest price of 1.01 USD and our DCF valuation, CLPS Inc (CLPS) is a buy. Buying CLPS stocks now will result in a potential gain of 8.9%.

	Range	Selected
WACC / Discount Rate	6.2% - 8.0%	7.1%
Long-term Growth Rate	1.0% - 3.0%	2.0%
Fair Price	0.97 - 1.37	1.10
Upside	-3.5% - 35.6%	8.9%

1.01 USD

Stock Price

1.10 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

CLPS DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	06-2023	06-2024	06-2025	06-2026	06-2027	06-2028

Revenue	150	141	169	209	238	262
% Growth	1%	-7%	20%	24%	14%	10%

Cost of goods sold	(116)	(106)	(125)	(152)	(169)	(183)
% of Revenue	77%	76%	74%	73%	71%	70%

Selling, G&A expenses	(25)	(23)	(28)	(35)	(39)	(43)
% of Revenue	17%	17%	17%	17%	17%	17%

Research & Development	(8)	(8)	(9)	(12)	(13)	(14)
% of Revenue	6%	6%	6%	6%	6%	6%

Net interest & other expenses	(1)	(0)	(1)	(1)	(1)	(1)
% of Revenue	0%	0%	0%	0%	0%	0%

Tax expense	(1)	(1)	(1)	(2)	(3)	(5)
Tax rate	88%	22%	22%	22%	22%	22%

Net profit	0	2	5	8	12	16
% Margin	0%	2%	3%	4%	5%	6%