Complete DUOT Stock Valuation Analysis
Comprehensive intrinsic value analysis using 2 different methodologies
DUOT DCF Analysis
DUOT (Duos Technologies Group, 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 | $15.0M | $7.5M | $7.3M | $7.3M | $7.4M | $7.4M | $7.4M | $7.4M |
| Revenue Growth % | - | -50.2% | -2.5% | 0.5% | 0.5% | 0.4% | 0.4% | 0.4% |
| EBIT | $-6.9M | $-11.4M | $-11.0M | $366.0K | $367.8K | $369.4K | $370.8K | $372.1K |
| EBIT Margin % | -45.7% | -153.2% | -150.9% | 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 | $-5.1M | $-8.6M | $-8.2M | $274.5K | $275.8K | $277.0K | $278.1K | $279.1K |
| NOPAT Margin % | -34.3% | -114.9% | -113.1% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% |
| Capex | $644.9K | $1.1M | $1.8M | $534.5K | $510.2K | $486.8K | $464.2K | $442.6K |
| Capex / Revenue % | 4.3% | 14.6% | 25.2% | 7.3% | 6.9% | 6.6% | 6.3% | 5.9% |
| Depreciation | $586.0K | $867.0K | $2.6M | $1.2M | $1.2M | $1.2M | $1.3M | $1.3M |
| D&A / Revenue % | 3.9% | 11.6% | 35.1% | 16.9% | 16.9% | 16.9% | 16.9% | 16.9% |
| Change in NWC | $3.0M | $670.8K | $-11.0M | $328.6K | $264.1K | $212.2K | $170.5K | $136.8K |
| NWC Change / Revenue % | 19.9% | 9.0% | -151.2% | 4.5% | 3.6% | 2.9% | 2.3% | 1.8% |
| Unlevered FCF | $-8.2M | $-9.5M | $3.5M | $646.8K | $742.8K | $824.7K | $895.0K | $955.6K |
| UFCF % Chg. | - | -15.7% | 136.9% | -81.5% | 14.8% | 11.0% | 8.5% | 6.8% |
| FCF / Revenue % | -54.6% | -126.9% | 48.1% | 8.8% | 10.1% | 11.2% | 12.1% | 12.8% |
| Discount Factor | - | - | - | 0.921 | 0.848 | 0.781 | 0.719 | 0.662 |
| Present Value of FCF | - | - | - | $595.6K | $629.9K | $644.0K | $643.5K | $632.7K |
| Sum of PV of UFCF | - | - | - | $595.6K | $1.2M | $1.9M | $2.5M | $3.1M |
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 | 4.40% |
| Market Risk Premium | 4.3% |
| Beta | 1.04 |
| Cost of Equity | 8.9% |
| Total Debt | $8.5M |
| Market Cap | $93.8M |
| Total Capital | $102.3M |
| Debt Weighting | 8.3% |
| Equity Weighting | 91.7% |
| WACC | 8.6% |
Terminal Value
Choose between perpetuity growth or exit multiple methods.
| Terminal Value Calculation | Value |
|---|---|
| Terminal Growth Rate | 2.5% |
| Final Year FCF | $955.6K |
| Terminal Value | $16.1M |
| PV of Terminal Value | $10.6M |
| Cumulative PV of UFCF | $3.1M |
| Net Debt | $2.3M |
| Equity Value | $11.5M |
| Shares Outstanding | 7.7M |
| Implied Share Price | $1 |
| Current Share Price | $8 |
| Implied Upside/(Downside) | -81.5% |
Valuation Summary
$1.49
Implied Price
$8.05
Current Price
-81.5%
Upside/Downside
8.6%
WACC
DUOT 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
$-31.99
-497.4%
Peer Median: 36.1x
EV/EBITDA
$0.00
-100.0%
Peer Median: 23.5x
P/S Ratio
$5.02
-37.7%
Peer Median: 5.2x
Interpretation: Each multiple provides a different perspective on fair value. Consider which multiple is most relevant for DUOT's business model and current situation.
Multiple Comparison
| Multiple | DUOT Current | Peer Median | Peer Average | Premium/Discount | Assessment |
|---|---|---|---|---|---|
| P/E Ratio | -9.1x | 36.1x | 18.1x | -125.2% | Undervalued |
| EV/EBITDA | Infinityx | 23.5x | 23.5x | Infinity% | Overvalued |
| P/S Ratio | 8.4x | 5.2x | 5.1x | 60.5% | Overvalued |
Peer Companies
Click any company to view their valuation
| Company | Market Cap | P/E Ratio | EV/EBITDA | P/S Ratio |
|---|---|---|---|---|
| $0.32B | 0.0x | 0.0x | 5.2x | |
| $0.20B | 0.0x | 0.0x | 1.8x | |
| $0.15B | 0.0x | 0.0x | 0.0x | |
| $0.14B | 0.0x | 0.0x | 2.4x | |
| $0.09B | 0.0x | 0.0x | 8.4x | |
| $0.07B | 0.0x | 0.0x | 65.7x | |
| $3476.05B | 36.1x | 23.5x | 12.9x |