The Discounted Cash Flow (DCF) valuation of China Marine Food Group Ltd (CMFO) is 1.22 USD. With the latest stock price at 0.01 USD, the upside of China Marine Food Group Ltd based on DCF is 13478.8%.
Based on the latest price of 0.01 USD and our DCF valuation, China Marine Food Group Ltd (CMFO) is a buy. Buying CMFO stocks now will result in a potential gain of 13478.8%.
Range | Selected | |
WACC / Discount Rate | 4.4% - 4.5% | 4.5% |
Long-term Growth Rate | 2.5% - 4.2% | 3.3% |
Fair Price | 0.53 - 6.85 | 1.22 |
Upside | 5737.2% - 75997.9% | 13478.8% |
(USD in millions) | Projections | |||||
12-2012 | 12-2013 | 12-2014 | 12-2015 | 12-2016 | 12-2017 | |
Revenue | 157 | 124 | 134 | 145 | 152 | 155 |
% Growth | 9% | -21% | 8% | 8% | 5% | 2% |
Cost of goods sold | (121) | (94) | (100) | (105) | (108) | (108) |
% of Revenue | 77% | 76% | 74% | 73% | 71% | 70% |
Selling, G&A expenses | (31) | (25) | (27) | (29) | (30) | (31) |
% of Revenue | 20% | 20% | 20% | 20% | 20% | 20% |
Research & Development | (0) | (0) | (0) | (0) | (0) | (0) |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (8) | (6) | (7) | (7) | (7) | (8) |
% of Revenue | 5% | 5% | 5% | 5% | 5% | 5% |
Tax expense | (1) | 0 | (0) | (1) | (1) | (1) |
Tax rate | 32% | 17% | 17% | 17% | 17% | 17% |
Net profit | (4) | (1) | 1 | 3 | 5 | 7 |
% Margin | -3% | -1% | 1% | 2% | 3% | 4% |