Blue Line Protection Group, Inc.

AI-generated fair value estimate for this company.

Method: 5-year + terminal unlevered FCF DCF: $0.15M normalized annual free cash flow (average of FY2024 $0.27M and TTM $0.12M operating cash flow, minimal maintenance capex); flat 0% FCF growth years 1-5 given declining revenue trend (TTM revenue -6.2%); 2% terminal growth from year 6; 15% discount rate (OTC microcap/thin-float risk premium); ~$0.05M estimated net cash; 8.25M shares outstanding.

Reasoning: BLPG is a small but real operating company (armed cash/security logistics for the legal cannabis industry) with positive but shrinking free cash flow, so a conservative flat-then-terminal-growth FCF DCF is more defensible than extrapolating the recent decline; the elevated 15% discount rate reflects its OTC microcap illiquidity and customer-concentration risk.