Why we don't show a single “fair value” for BRAG
A trailing-FCF DCF can't fairly anchor Bragg Gaming Group Inc. right now — free cash flow has been negative in recent years. For a company in this position, trailing free cash flow understates what the business actually earns for owners, so any “fair value” built on it would be misleadingly low. Off today's cash-flow base, no plausible growth rate bridges to the current price — the market is valuing normalized future cash flows, not the depressed base. The model scenarios below are shown for reference only.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 6.9%/yr | 8.5% | $0.12 |
| Base case | 9.9%/yr | 7.5% | $0.14 |
| Optimistic | 12.9%/yr | 6.5% | $0.17 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $9.53 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$1.14
Market-Implied Growth
N/A
Base-Case Model Value
$0.14
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for BRAG (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $74501 · 0.03B shares · net cash $2.1M
Estimated Fair Value
$0.14
-88.0% vs $1.14
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 9.9%/yr FCF growth and 10-year horizon fixed. Green = above today's $1.14; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 5.5% | $0.16 | $0.17 | $0.18 | $0.21 | $0.24 |
| 6.5% | $0.14 | $0.15 | $0.15 | $0.17 | $0.18 |
| 7.5% | $0.13 | $0.13 | $0.14 | $0.14 | $0.15 |
| 8.5% | $0.12 | $0.12 | $0.13 | $0.13 | $0.13 |
| 9.5% | $0.11 | $0.11 | $0.12 | $0.12 | $0.12 |
