Apogee 21 Holdings, Inc.

AI-generated fair value estimate for this company.

Method: Probability-weighted revenue-multiple scenario model: bear case (50% probability, roll-up fails to reach scale, about $0.10/share residual value), base case (20% probability, reaches about $3M revenue in 5 years at a 1.5x sales multiple, about $0.25/share), bull case (30% probability, reaches about $10M revenue in 5 years at a 2x sales multiple, about $1.10/share); probability-weighted value of about $0.43/share.

Reasoning: Apogee 21 Holdings (OTC craft spirits/wine roll-up) has TTM revenue of only $456K versus a $1.59M net loss and no analyst coverage, so a standard cash-flow DCF isn't grounded; a scenario-weighted revenue multiple reflects both the small real operating business and the high execution/dilution risk of an OTC beverage roll-up burning several times its revenue in net losses.