The Discounted Cash Flow (DCF) valuation of Diamond S Shipping Inc (DSSI) is 0.53 USD. With the latest stock price at 9.69 USD, the upside of Diamond S Shipping Inc based on DCF is -94.5%.

Is DSSI a buy or a sell?

Based on the latest price of 9.69 USD and our DCF valuation, Diamond S Shipping Inc (DSSI) is a sell. Selling DSSI stocks now will result in a potential gain of 94.5%.

	Range	Selected
WACC / Discount Rate	5.5% - 14.2%	9.8%
Long-term Growth Rate	2.5% - 4.5%	3.5%
Fair Price	(5.90) - 76.37	0.53
Upside	-160.9% - 688.2%	-94.5%

9.69 USD

Stock Price

0.53 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

DSSI DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2020	12-2021	12-2022	12-2023	12-2024	12-2025

Revenue	596	249	254	266	271	277
% Growth	3%	-58%	2%	5%	2%	2%

Cost of goods sold	(360)	(143)	(139)	(138)	(134)	(129)
% of Revenue	60%	57%	54%	52%	49%	47%

Selling, G&A expenses	(30)	(13)	(13)	(13)	(14)	(14)
% of Revenue	5%	5%	5%	5%	5%	5%

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

Net interest & other expenses	(180)	(75)	(77)	(80)	(82)	(84)
% of Revenue	30%	30%	30%	30%	30%	30%

Tax expense	0	(5)	(7)	(9)	(11)	(14)
Tax rate	0%	27%	27%	27%	27%	27%

Net profit	26	14	19	25	31	37
% Margin	4%	5%	8%	10%	11%	13%