Daqo New Energy Corp.

AI-generated fair value estimate for this company.

Method: 10-year FCF DCF: $60M conservatively normalized mid-cycle free cash flow base (versus a cyclically depressed -$261M TTM figure during a polysilicon oversupply trough); growth 5%/5%/4%/4%/3%/3%/3%/3%/3%/3%; 12% discount rate; 2.5% terminal growth; +$1.73B net cash (no debt); 67.67M shares outstanding.

Reasoning: Daqo is a low-cost Chinese polysilicon producer currently loss-making amid severe sector oversupply, but holds net cash exceeding its entire market capitalization ($25.63/share); a conservative normalized-FCF DCF on top of the net-cash floor captures both the deep-value cash backstop and option value on an eventual pricing recovery, without assuming a full return to prior-cycle profitability.