The Discounted Cash Flow (DCF) valuation of Gabelli Merger Plus+ Trust PLC (GMP.L) is (16.34) USD. With the latest stock price at 8.00 USD, the upside of Gabelli Merger Plus+ Trust PLC based on DCF is -304.2%.

Is GMP.L a buy or a sell?

Based on the latest price of 8.00 USD and our DCF valuation, Gabelli Merger Plus+ Trust PLC (GMP.L) is a sell. Selling GMP.L stocks now will result in a potential gain of 304.2%.

Note: valuation result may not be accurate due to the low predictability of business.

	Range	Selected
WACC / Discount Rate	6.1% - 8.3%	7.2%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	(49.04) - (9.45)	(16.34)
Upside	-713.0% - -218.1%	-304.2%

8.00 USD

Stock Price

(16.34) USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

GMP.L DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	06-2021	06-2022	06-2023	06-2024	06-2025	06-2026

Revenue	0	0	0	0	0	0
% Growth	65%	6%	2%	2%	2%	2%

Cost of goods sold	(4)	(4)	(4)	(3)	(3)	(3)
% of Revenue	1106%	1051%	998%	948%	901%	856%

Selling, G&A expenses	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

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

Net interest & other expenses	14	15	16	16	16	16
% of Revenue	4327%	4327%	4327%	4327%	4327%	4327%

Tax expense	(0)	(0)	(0)	(0)	(0)	(0)
Tax rate	0%	2%	2%	2%	2%	2%

Net profit	11	12	12	12	13	13
% Margin	3312%	1159%	1201%	1243%	1285%	1327%