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DCF Valuation
Base-case fair value
$0.68
Intrinsic $0.91 · 25% MOS
Current price: $0.78
Base-case summary
Our base-case DCF for Castellum, Inc. (CTM) projects 10 years of free cash flow growth at 16.9% for years 1–5 and 8.5% for years 6–10, anchored to 16.9% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $2M in trailing free cash flow, this produces an intrinsic value of $0.91 per share. A 25% safety margin gives a fair value of $0.68, suggesting the stock is currently 13% overvalued against the $0.78 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$2M
Cash & equivalents
$16M
Total debt
$738261
Shares outstanding
95M