Complete CSAI Stock Valuation Analysis
Comprehensive intrinsic value analysis using 2 different methodologies
CSAI DCF Analysis
CSAI (Cloudastructure Inc.) discounted cash flow analysis with multiple scenarios, growth assumptions, and terminal value calculations
Financial Projections
| Metrics | 2022 (Historical) | 2023 (Historical) | 2024 (Historical) | 2025 (Projected) | 2026 (Projected) | 2027 (Projected) | 2028 (Projected) | 2029 (Projected) |
|---|---|---|---|---|---|---|---|---|
| Revenue | $489.0K | $607.0K | $1.4M | $1.7M | $2.1M | $2.7M | $3.3M | $4.2M |
| Revenue Growth % | - | 24.1% | 124.7% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% |
| EBIT | $-11.4M | $-8.7M | $-6.1M | $85.3K | $106.6K | $133.2K | $166.5K | $208.1K |
| EBIT Margin % | -2337.4% | -1435.4% | -448.6% | 5.0% | 5.0% | 5.0% | 5.0% | 5.0% |
| Tax Rate % | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% |
| NOPAT | $-8.6M | $-6.5M | $-4.6M | $63.9K | $79.9K | $99.9K | $124.9K | $156.1K |
| NOPAT Margin % | -1753.1% | -1076.6% | -336.5% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% |
| Capex | $1.8M | $43.0K | $27.0K | $77.3K | $91.8K | $109.0K | $129.4K | $153.6K |
| Capex / Revenue % | 369.1% | 7.1% | 2.0% | 4.5% | 4.3% | 4.1% | 3.9% | 3.7% |
| Depreciation | $196.0K | $209.0K | $72.0K | $453.5K | $566.9K | $708.6K | $885.7K | $1.1M |
| D&A / Revenue % | 40.1% | 34.4% | 5.3% | 26.6% | 26.6% | 26.6% | 26.6% | 26.6% |
| Change in NWC | $-1.9M | $-5.6M | $-5.1M | $0 | $0 | $0 | $0 | $0 |
| NWC Change / Revenue % | -383.0% | -926.5% | -376.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Unlevered FCF | $-8.3M | $-744.8K | $596.8K | $440.2K | $555.0K | $699.5K | $881.2K | $1.1M |
| UFCF % Chg. | - | 91.0% | 180.1% | -26.2% | 26.1% | 26.0% | 26.0% | 25.9% |
| FCF / Revenue % | -1699.1% | -122.7% | 43.8% | 25.8% | 26.0% | 26.3% | 26.5% | 26.7% |
| Discount Factor | - | - | - | 0.907 | 0.823 | 0.746 | 0.677 | 0.614 |
| Present Value of FCF | - | - | - | $399.3K | $456.7K | $522.1K | $596.7K | $681.5K |
| Sum of PV of UFCF | - | - | - | $399.3K | $856.0K | $1.4M | $2.0M | $2.7M |
WACC Calculation
Weighted Average Cost of Capital used for discounting cash flows.
| WACC Calculation | Value |
|---|---|
| Cost of Debt | 6.9% |
| Tax Rate | 25.0% |
| After Tax Cost of Debt | 5.2% |
| Risk Free Rate | 4.37% |
| Market Risk Premium | 4.3% |
| Beta | 1.36 |
| Cost of Equity | 10.2% |
| Total Debt | $0 |
| Market Cap | $32.3M |
| Total Capital | $32.3M |
| Debt Weighting | 0.0% |
| Equity Weighting | 100.0% |
| WACC | 10.2% |
Terminal Value
Choose between perpetuity growth or exit multiple methods.
| Terminal Value Calculation | Value |
|---|---|
| Terminal Growth Rate | 2.5% |
| Final Year FCF | $1.1M |
| Terminal Value | $14.7M |
| PV of Terminal Value | $9.0M |
| Cumulative PV of UFCF | $2.7M |
| Net Debt | $-52.0K |
| Equity Value | $11.7M |
| Shares Outstanding | 14.6M |
| Implied Share Price | $1 |
| Current Share Price | $2 |
| Implied Upside/(Downside) | -55.8% |
Valuation Summary
$0.80
Implied Price
$1.82
Current Price
-55.8%
Upside/Downside
10.2%
WACC
CSAI Peer Valuation Analysis
Relative valuation based on comparable company trading multiples
Peer Valuation Analysis
Fair Value Range Analysis
Based on median multiples from 7 peer companies in Technology
P/E Ratio
$-30.77
-1790.7%
Peer Median: 68.7x
EV/EBITDA
$0.00
-100.0%
Peer Median: 24.2x
P/S Ratio
$0.16
-91.5%
Peer Median: 2.0x
Interpretation: Each multiple provides a different perspective on fair value. Consider which multiple is most relevant for CSAI's business model and current situation.
Multiple Comparison
| Multiple | CSAI Current | Peer Median | Peer Average | Premium/Discount | Assessment |
|---|---|---|---|---|---|
| P/E Ratio | -4.1x | 68.7x | 68.7x | -105.9% | Undervalued |
| EV/EBITDA | Infinityx | 24.2x | 30.1x | Infinity% | Overvalued |
| P/S Ratio | 23.7x | 2.0x | 4.3x | 1071.1% | Overvalued |
Peer Companies
Click any company to view their valuation
| Company | Market Cap | P/E Ratio | EV/EBITDA | P/S Ratio |
|---|---|---|---|---|
| $0.38B | 0.0x | 0.0x | 1.1x | |
| $0.27B | 0.0x | 0.0x | 2.0x | |
| $0.28B | 0.0x | 42.8x | 0.1x | |
| $0.15B | 68.7x | 23.4x | 2.5x | |
| $0.03B | 0.0x | 0.0x | 23.7x | |
| $0.03B | 181.3x | 24.2x | 1.3x | |
| $67.95B | 0.0x | 0.0x | 18.7x |