Barfresh Food Group, Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $30M FY2026E revenue base (company guidance midpoint of $28M-$32M); revenue growth of 25%/20%/18%/15%/12% in years 1-5, tapering to 10%/9%/8%/6%/5% in years 6-10; FCF margin ramps from -5% in year 1 to 12% by years 6-10 as manufacturing scale and utilization improve; 14% discount rate; 3% terminal growth; -$8.04M net debt; 16.31M shares outstanding.

Reasoning: Barfresh is a small, pre-scale growth manufacturer of ready-to-blend/ready-to-drink beverages guiding to a step-change in FY2026 revenue (up roughly 100%+ from FY2025's $14.2M) and a return to positive adjusted EBITDA ($3.2M-$3.8M guided); a multi-year FCF ramp DCF captures the transition from currently negative free cash flow to a profitable, scaled operating model, which a static earnings multiple or asset-based method could not capture for a company at this inflection point.