PHO.TO
Photon Control Inc
Price:  
3.6 
CAD
Volume:  
253,210
Canada | Electronic Equipment, Instruments & Components

PHO.TO DCF Valuation - Growth Exit 5Y

-34.8 %
Upside

What is the DCF valuation of PHO.TO?

The Discounted Cash Flow (DCF) valuation of Photon Control Inc (PHO.TO) is 2.35 CAD. With the latest stock price at 3.60 CAD, the upside of Photon Control Inc based on DCF is -34.8%.

Is PHO.TO a buy or a sell?

Based on the latest price of 3.60 CAD and our DCF valuation, Photon Control Inc (PHO.TO) is a sell. Selling PHO.TO stocks now will result in a potential gain of 34.8%.

Range Selected
WACC / Discount Rate6.8% - 10.4%8.6%
Long-term Growth Rate 0.0% - 1.0%0.5%
Fair Price1.94 - 3.072.35
Upside-46.1% - -14.7%-34.8%
3.60 CAD
Stock Price
2.35 CAD
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

PHO.TO DCF Valuation: Revenue & Expenses Forecast

(CAD in millions)Projections
12-202012-202112-202212-202312-202412-2025
Revenue6567778696103
% Growth
98%4%14%12%11%7%
Cost of goods sold(26)(27)(31)(35)(39)(41)
% of Revenue40%40%40%40%40%40%
Selling, G&A expenses(12)(12)(14)(16)(18)(19)
% of Revenue18%18%18%18%18%18%
Research & Development(6)(6)(7)(8)(8)(9)
% of Revenue9%9%9%9%9%9%
Net interest & other expenses(1)(1)(1)(2)(2)(2)
% of Revenue2%2%2%2%2%2%
Tax expense(6)(6)(7)(8)(9)(10)
Tax rate30%31%31%31%31%31%
Net profit141416182122
% Margin22%21%21%21%21%21%