Complete MOBX Stock Valuation Analysis
Comprehensive intrinsic value analysis using 1 different methodologies
MOBX DCF Analysis
MOBX (Mobix Labs, 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 | $3.3M | $1.2M | $6.4M | $8.1M | $10.1M | $12.6M | $15.7M | $19.7M |
| Revenue Growth % | - | -63.0% | 426.3% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% |
| EBIT | $-23.7M | $-35.5M | $-46.4M | $402.6K | $503.3K | $629.1K | $786.4K | $983.0K |
| EBIT Margin % | -716.7% | -2903.9% | -720.2% | 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 | $-17.8M | $-26.7M | $-34.8M | $302.0K | $377.5K | $471.8K | $589.8K | $737.2K |
| NOPAT Margin % | -537.5% | -2177.9% | -540.1% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% |
| Capex | $56.0K | $633.0K | $44.0K | $95.6K | $113.6K | $134.9K | $160.2K | $196.6K |
| Capex / Revenue % | 1.7% | 51.7% | 0.7% | 1.2% | 1.1% | 1.1% | 1.0% | 1.0% |
| Depreciation | $1.4M | $1.3M | $2.0M | $4.8M | $6.0M | $7.5M | $9.3M | $11.7M |
| D&A / Revenue % | 41.3% | 105.4% | 31.3% | 59.3% | 59.3% | 59.3% | 59.3% | 59.3% |
| Change in NWC | $-7.3M | $389.0K | $-1.2M | $0 | $0 | $0 | $0 | $0 |
| NWC Change / Revenue % | -219.6% | 31.8% | -19.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Unlevered FCF | $-9.2M | $-26.4M | $-31.6M | $5.0M | $6.2M | $7.8M | $9.8M | $12.2M |
| UFCF % Chg. | - | -186.6% | -19.7% | 115.8% | 25.1% | 25.1% | 25.1% | 25.0% |
| FCF / Revenue % | -278.3% | -2156.0% | -490.3% | 61.9% | 62.0% | 62.0% | 62.1% | 62.1% |
| Discount Factor | - | - | - | 0.963 | 0.926 | 0.892 | 0.858 | 0.826 |
| Present Value of FCF | - | - | - | $4.8M | $5.8M | $7.0M | $8.4M | $10.1M |
| Sum of PV of UFCF | - | - | - | $4.8M | $10.6M | $17.5M | $25.9M | $36.0M |
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 | -0.15 |
| Cost of Equity | 3.7% |
| Total Debt | $4.9M |
| Market Cap | $36.0M |
| Total Capital | $40.9M |
| Debt Weighting | 11.9% |
| Equity Weighting | 88.1% |
| 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 | $12.2M |
| Terminal Value | $899.3M |
| PV of Terminal Value | $743.0M |
| Cumulative PV of UFCF | $36.0M |
| Net Debt | $4.6M |
| Equity Value | $774.4M |
| Shares Outstanding | 35.0M |
| Implied Share Price | $22 |
| Current Share Price | $1 |
| Implied Upside/(Downside) | +3064.7% |
Valuation Summary
$22.15
Implied Price
$0.70
Current Price
+3064.7%
Upside/Downside
3.9%
WACC