Complete QUIK Stock Valuation Analysis
Comprehensive intrinsic value analysis using 2 different methodologies
QUIK DCF Analysis
QUIK (QuickLogic Corporation) 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 | $16.2M | $21.2M | $20.1M | $23.6M | $27.3M | $31.2M | $35.2M | $39.2M |
| Revenue Growth % | - | 31.0% | -5.1% | 17.5% | 15.7% | 14.1% | 12.7% | 11.5% |
| EBIT | $-3.7M | $70.0K | $-3.4M | $1.2M | $1.4M | $1.6M | $1.8M | $2.0M |
| EBIT Margin % | -23.1% | 0.3% | -17.1% | 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 | $-2.8M | $52.5K | $-2.6M | $885.9K | $1.0M | $1.2M | $1.3M | $1.5M |
| NOPAT Margin % | -17.4% | 0.2% | -12.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% |
| Capex | $814.0K | $6.3M | $0 | $1.4M | $1.5M | $1.6M | $1.7M | $1.8M |
| Capex / Revenue % | 5.0% | 29.9% | 0.0% | 5.7% | 5.4% | 5.2% | 4.9% | 4.7% |
| Depreciation | $710.0K | $2.2M | $3.9M | $2.7M | $3.1M | $3.5M | $4.0M | $4.4M |
| D&A / Revenue % | 4.4% | 10.2% | 19.3% | 11.3% | 11.3% | 11.3% | 11.3% | 11.3% |
| Change in NWC | $2.6M | $-2.9M | $-793.0K | $-465.7K | $-431.1K | $-393.7K | $-355.0K | $-316.5K |
| NWC Change / Revenue % | 16.3% | -13.8% | -3.9% | -2.0% | -1.6% | -1.3% | -1.0% | -0.8% |
| Unlevered FCF | $-5.5M | $-1.2M | $2.1M | $2.7M | $3.1M | $3.5M | $3.9M | $4.4M |
| UFCF % Chg. | - | 78.1% | 273.2% | 26.8% | 14.6% | 13.7% | 12.8% | 11.9% |
| FCF / Revenue % | -34.3% | -5.7% | 10.5% | 11.3% | 11.2% | 11.1% | 11.1% | 11.2% |
| Discount Factor | - | - | - | 0.936 | 0.876 | 0.819 | 0.767 | 0.717 |
| Present Value of FCF | - | - | - | $2.5M | $2.7M | $2.8M | $3.0M | $3.1M |
| Sum of PV of UFCF | - | - | - | $2.5M | $5.2M | $8.0M | $11.0M | $14.2M |
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 | 0.67 |
| Cost of Equity | 7.3% |
| Total Debt | $21.9M |
| Market Cap | $88.0M |
| Total Capital | $109.8M |
| Debt Weighting | 19.9% |
| Equity Weighting | 80.1% |
| WACC | 6.9% |
Terminal Value
Choose between perpetuity growth or exit multiple methods.
| Terminal Value Calculation | Value |
|---|---|
| Terminal Growth Rate | 2.5% |
| Final Year FCF | $4.4M |
| Terminal Value | $102.9M |
| PV of Terminal Value | $73.8M |
| Cumulative PV of UFCF | $14.2M |
| Net Debt | $-19.0K |
| Equity Value | $88.0M |
| Shares Outstanding | 14.5M |
| Implied Share Price | $6 |
| Current Share Price | $6 |
| Implied Upside/(Downside) | +9.1% |
Valuation Summary
$6.06
Implied Price
$5.55
Current Price
+9.1%
Upside/Downside
6.9%
WACC
QUIK Peer Valuation Analysis
Relative valuation based on comparable company trading multiples
Peer Valuation Analysis
Fair Value Range Analysis
Based on median multiples from 10 peer companies in Technology
P/E Ratio
$-19.39
-449.0%
Peer Median: 48.3x
EV/EBITDA
$0.00
-100.0%
Peer Median: 40.4x
P/S Ratio
$4.37
-21.3%
Peer Median: 3.8x
Interpretation: Each multiple provides a different perspective on fair value. Consider which multiple is most relevant for QUIK's business model and current situation.
Multiple Comparison
| Multiple | QUIK Current | Peer Median | Peer Average | Premium/Discount | Assessment |
|---|---|---|---|---|---|
| P/E Ratio | -13.8x | 48.3x | 47.2x | -128.7% | Undervalued |
| EV/EBITDA | Infinityx | 40.4x | 38.0x | Infinity% | Overvalued |
| P/S Ratio | 4.8x | 3.8x | 3.1x | 27.1% | Overvalued |
Peer Companies
Click any company to view their valuation
| Company | Market Cap | P/E Ratio | EV/EBITDA | P/S Ratio |
|---|---|---|---|---|
| $0.24B | 0.0x | 0.0x | 0.3x | |
| $0.24B | 0.0x | 0.0x | 0.0x | |
| $0.27B | 0.0x | 0.0x | 176.0x | |
| $0.13B | 88.7x | 271.9x | 2.7x | |
| $0.09B | 0.0x | 0.0x | 4.2x | |
| $0.09B | 0.0x | 0.0x | 4.8x | |
| $0.06B | 0.0x | 0.0x | 21.2x | |
| $0.05B | 4.8x | 35.6x | 6.0x | |
| $0.04B | 0.0x | 0.0x | 3.8x | |
| $3475.17B | 48.3x | 40.4x | 26.6x |