The Discounted Cash Flow (DCF) valuation of FastForward Innovations Ltd (FFWD.L) is (706.45) GBP. With the latest stock price at 6.30 GBP, the upside of FastForward Innovations Ltd based on DCF is -11313.5%.

Is FFWD.L a buy or a sell?

Based on the latest price of 6.30 GBP and our DCF valuation, FastForward Innovations Ltd (FFWD.L) is a sell. Selling FFWD.L stocks now will result in a potential gain of 11313.5%.

Note: valuation result may not be accurate due to the company's negative earnings.

	Range	Selected
WACC / Discount Rate	4.6% - 6.4%	5.5%
Long-term Growth Rate	3.0% - 4.3%	3.7%
Fair Price	(5,193.35) - (380.56)	(706.45)
Upside	-82534.2% - -6140.6%	-11313.5%

6.30 GBP

Stock Price

(706.45) GBP

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

FFWD.L DCF Valuation: Revenue & Expenses Forecast

(GBP in millions)		Projections

	03-2020	03-2021	03-2022	03-2023	03-2024	03-2025

Revenue	(4)	(3)	(7)	(18)	(37)	(74)
% Growth	260%	-17%	129%	137%	110%	101%

Cost of goods sold	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Selling, G&A expenses	(1)	(1)	(1)	(3)	(7)	(15)
% 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	(0)	(0)	(1)	(1)	(3)	(6)
% of Revenue	8%	8%	8%	8%	8%	8%

Tax expense	0	1	2	4	9	18
Tax rate	0%	19%	19%	19%	19%	19%

Net profit	(5)	(3)	(8)	(18)	(38)	(77)
% Margin	128%	-337%	-772%	-1828%	-3832%	-7691%