Aeries Technology, Inc

AI-generated fair value estimate for this company.

Method: 10-yr unlevered FCF DCF: $3.5M normalized FCF base (TTM net income $2.82M; FY26 [ended 3/31/26] operating cash flow $6.8M); 12% growth yrs 1-5, 6% yrs 6-10 (vs. FY27 guidance of $80-84M revenue off ~$70M FY26 base, i.e. +14-20%); 15% discount rate; 3% terminal growth; ~$2.1M net cash ($6.07M cash - $3.93M debt); 5.25M shares o/s.

Reasoning: AERT is a real, profitable, growing IT-consulting business with explicit FY27 guidance, but it disclosed a going-concern doubt, a shareholders' equity deficit, and the loss of two major clients (~$9.7M/yr revenue), so growth was held below raw guidance and the discount rate raised for that risk.