Complete FOXX Stock Valuation Analysis
Comprehensive intrinsic value analysis using 2 different methodologies
FOXX DCF Analysis
FOXX (Foxx Development Holdings Inc.) discounted cash flow analysis with multiple scenarios, growth assumptions, and terminal value calculations
Financial Projections
| Metrics | 2021 (Historical) | 2022 (Historical) | 2023 (Historical) | 2024 (Projected) | 2025 (Projected) | 2026 (Projected) | 2027 (Projected) | 2028 (Projected) |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.9M | $21.6M | $3.2M | $2.9M | $2.6M | $2.4M | $2.1M | $1.9M |
| Revenue Growth % | - | 67.7% | -85.1% | -10.0% | -10.0% | -10.0% | -10.0% | -10.0% |
| EBIT | $31.6K | $86.2K | $-3.1M | $145.3K | $130.8K | $117.7K | $105.9K | $95.3K |
| EBIT Margin % | 0.2% | 0.4% | -96.9% | 5.0% | 5.0% | 5.0% | 5.0% | 5.0% |
| Tax Rate % | 1.1% | 19.7% | 25.0% | 15.3% | 16.2% | 17.2% | 18.2% | 19.2% |
| NOPAT | $31.3K | $69.3K | $-2.3M | $123.1K | $109.5K | $97.4K | $86.7K | $77.1K |
| NOPAT Margin % | 0.2% | 0.3% | -72.7% | 4.2% | 4.2% | 4.1% | 4.1% | 4.0% |
| Capex | $0 | $66.9K | $8.7K | $29.1K | $26.2K | $23.5K | $21.2K | $19.1K |
| Capex / Revenue % | 0.0% | 0.3% | 0.3% | 1.0% | 1.0% | 1.0% | 1.0% | 1.0% |
| Depreciation | $305 | $20.8K | $72.3K | $22.6K | $20.4K | $18.3K | $16.5K | $14.8K |
| D&A / Revenue % | 0.0% | 0.1% | 2.2% | 0.8% | 0.8% | 0.8% | 0.8% | 0.8% |
| Change in NWC | $0 | $-208 | $-4.0M | $-14 | $-10 | $-7 | $-5 | $-4 |
| NWC Change / Revenue % | 0.0% | -0.0% | -123.4% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% |
| Unlevered FCF | $31.6K | $23.4K | $1.7M | $116.7K | $103.8K | $92.2K | $82.0K | $72.9K |
| UFCF % Chg. | - | -25.9% | 7170.5% | -93.1% | -11.1% | -11.1% | -11.1% | -11.1% |
| FCF / Revenue % | 0.2% | 0.1% | 52.7% | 4.0% | 4.0% | 3.9% | 3.9% | 3.8% |
| Discount Factor | - | - | - | 0.963 | 0.927 | 0.893 | 0.859 | 0.827 |
| Present Value of FCF | - | - | - | $112.4K | $96.2K | $82.3K | $70.5K | $60.3K |
| Sum of PV of UFCF | - | - | - | $112.4K | $208.6K | $290.9K | $361.4K | $421.7K |
WACC Calculation
Weighted Average Cost of Capital used for discounting cash flows.
| WACC Calculation | Value |
|---|---|
| Cost of Debt | 6.9% |
| Tax Rate | 15.3% |
| After Tax Cost of Debt | 5.8% |
| Risk Free Rate | 4.40% |
| Market Risk Premium | 4.3% |
| Beta | -0.22 |
| Cost of Equity | 3.4% |
| Total Debt | $6.8M |
| Market Cap | $32.5M |
| Total Capital | $39.3M |
| Debt Weighting | 17.3% |
| Equity Weighting | 82.7% |
| WACC | 3.9% |
Terminal Value
Choose between perpetuity growth or exit multiple methods.
| Terminal Value Calculation | Value |
|---|---|
| Terminal Growth Rate | 2.5% |
| Final Year FCF | $72.9K |
| Terminal Value | $5.5M |
| PV of Terminal Value | $4.5M |
| Cumulative PV of UFCF | $421.7K |
| Net Debt | $6.2M |
| Equity Value | $-1.3M |
| Shares Outstanding | 6.3M |
| Implied Share Price | $-0 |
| Current Share Price | $5 |
| Implied Upside/(Downside) | -104.2% |
Valuation Summary
$-0.20
Implied Price
$4.79
Current Price
-104.2%
Upside/Downside
3.9%
WACC
FOXX Peer Valuation Analysis
Relative valuation based on comparable company trading multiples
Peer Valuation Analysis
Fair Value Range Analysis
Based on median multiples from 8 peer companies in Technology
P/E Ratio
$-28.01
-684.7%
Peer Median: 31.4x
EV/EBITDA
$1.28
-73.4%
Peer Median: 22.4x
P/S Ratio
$4.79
+0.0%
Peer Median: 0.6x
Interpretation: Each multiple provides a different perspective on fair value. Consider which multiple is most relevant for FOXX's business model and current situation.
Multiple Comparison
| Multiple | FOXX Current | Peer Median | Peer Average | Premium/Discount | Assessment |
|---|---|---|---|---|---|
| P/E Ratio | -5.4x | 31.4x | 26.7x | -117.1% | Undervalued |
| EV/EBITDA | 100.2x | 22.4x | 17.9x | 347.4% | Overvalued |
| P/S Ratio | 0.6x | 0.6x | 1.5x | 0.0% | Fair Value |
Peer Companies
Click any company to view their valuation
| Company | Market Cap | P/E Ratio | EV/EBITDA | P/S Ratio |
|---|---|---|---|---|
| $0.07B | 0.0x | 0.0x | 0.2x | |
| $0.07B | 22.1x | 13.3x | 0.5x | |
| $0.07B | 0.0x | 0.0x | 1.3x | |
| $0.04B | 0.0x | 0.0x | 0.8x | |
| $0.03B | 0.0x | 101.7x | 0.6x | |
| $0.01B | 0.0x | 0.0x | 0.5x | |
| $0.01B | 0.0x | 0.0x | 0.2x | |
| $3033.01B | 31.4x | 22.4x | 7.6x |