The Discounted Cash Flow (DCF) valuation of UTStarcom Holdings Corp (UTSI) is (19.93) USD. With the latest stock price at 2.65 USD, the upside of UTStarcom Holdings Corp based on DCF is -850.7%.

Is UTSI a buy or a sell?

Based on the latest price of 2.65 USD and our DCF valuation, UTStarcom Holdings Corp (UTSI) is a sell. Selling UTSI stocks now will result in a potential gain of 850.7%.

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

	Range	Selected
WACC / Discount Rate	5.5% - 7.1%	6.3%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	(101.70) - (9.78)	(19.93)
Upside	-3930.6% - -468.5%	-850.7%

2.65 USD

Stock Price

(19.93) USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

UTSI DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	11	11	12	12	12	13
% Growth	31%	5%	3%	2%	2%	2%

Cost of goods sold	(8)	(8)	(8)	(8)	(7)	(7)
% of Revenue	73%	70%	66%	63%	60%	57%

Selling, G&A expenses	(5)	(5)	(6)	(6)	(6)	(6)
% of Revenue	47%	47%	47%	47%	47%	47%

Research & Development	(5)	(5)	(5)	(6)	(6)	(6)
% of Revenue	47%	47%	47%	47%	47%	47%

Net interest & other expenses	4	4	4	4	4	4
% of Revenue	34%	34%	34%	34%	34%	34%

Tax expense	(1)	1	1	1	1	1
Tax rate	19%	27%	27%	27%	27%	27%

Net profit	(4)	(3)	(2)	(2)	(2)	(2)
% Margin	-40%	-22%	-20%	-17%	-15%	-13%