CoJax Oil and Gas Corporation

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $0.96M FY2025 revenue base; revenue growth starting at 40% and decelerating to 6% by yr10 as the Gulf States Drill Region acreage is developed; EBIT margin improving from -10% currently to 20% by yr10 as production scales past the early-development stage typical of a 2-employee micro-cap E&P; FCF assumed at 60% of after-tax EBIT (21% tax, reflecting typical oil & gas DD&A/capex intensity); 16% discount rate reflecting small-cap E&P execution and commodity-price risk; 2% terminal growth (below general terminal growth to reflect reserve depletion); roughly break-even net cash position; 14.17M shares outstanding.

Reasoning: CoJax is an early-stage development oil & gas company whose current production generates under $1M of revenue, so a DCF anchored to its actual trailing production economics - rather than the market's ~50x-revenue valuation, which appears to price in speculative option value on undeveloped acreage - gives a more grounded estimate of intrinsic value from the business as it exists today.