Aduro DCF Analysis

Valuing a pre-scale up company is a little moot, but here we go anyway... because this is a good reality check!

If we model the business as is, we break the model:

So, instead, I'm going to see what a post-scale up model would have to look like to justify their $457M market cap:

Holy guacamole! They would have to be growing at 42% y-o-y to justify this market cap... even after they've found their first $1M in FCF.

It's certainly possible, especially with their business plan of being a bolt-on to existing plants, but woo... that's lofty.

Sentiment: Bearish