Boxabl Inc.

AI-generated fair value estimate for this company.

Method: Risk-adjusted NPV on unit-economics/production ramp given de minimis and declining revenue (2025 revenue $1.51M, down 55% from $3.38M in 2024). Modeled unit sales ramping from 300 units/yr (2026) to 7,000 units/yr (2035) at a $55,000 starting average selling price growing 2%/yr, with EBITDA margin improving from about -150% to +22% as the factory scales; 18% discount rate; 4% terminal growth. Unrisked enterprise value of about $32M, probability-weighted 35% ramp-succeeds / 65% ramp-stalls, giving risk-adjusted EV of about $17.3M plus $9.39M net cash = about $26.7M total equity value across 241.49M shares outstanding = $0.11/share.

Reasoning: Boxabl is a pre-commercial-scale modular-home manufacturer with revenue too small and volatile for a conventional FCF DCF, so a probability-weighted NPV on realistic unit economics captures both the business's real optionality and its real execution risk.